Peoples Bancorp Announces Cash Dividend
Rhea-AI Summary
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has declared a regular cash dividend of $0.19 per share for the fourth quarter of 2024. The dividend will be paid on December 13, 2024 to shareholders of record on December 3, 2024. The company operates through its subsidiary, Peoples Bank, which maintains 16 banking offices across North Carolina in Catawba, Alexander, Lincoln, Mecklenburg, Iredell and Wake Counties, along with loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
Positive
- Maintaining regular quarterly dividend payments of $0.19 per share
- Stable presence with 16 banking offices and multiple loan production offices across North Carolina
Negative
- None.
News Market Reaction – PEBK
On the day this news was published, PEBK gained 4.03%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEWTON, N.C., Nov. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc., Newton, NC (Nasdaq: PEBK) declared the Company’s regular cash dividend for the fourth quarter of 2024 in the amount of
Shareholders are encouraged to enroll in the Company’s Dividend Reinvestment and Stock Purchase Plan. For details, contact Krissy Price at (828) 464-5620 or (800) 948-7195 or you may email any questions to our transfer agent, Broadridge Corporate Issuer Solutions, Inc. at shareholder@broadridge.com.
Peoples Bank, the wholly-owned subsidiary of Peoples Bancorp of North Carolina, Inc. operates 16 banking offices entirely in North Carolina, with offices in Catawba, Alexander, Lincoln, Mecklenburg, Iredell and Wake Counties. The Bank also operates loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties. The Company’s common stock is publicly traded and is quoted on the Nasdaq Global Market under the symbol “PEBK.”
Statements made in this press release, other than those concerning historical information, should be considered forward-looking statements pursuant to the safe harbor provisions of the Securities Exchange Act of 1934 and the Private Securities Litigation Act of 1995. These forward-looking statements are based on information currently available to management and are subject to various risks and uncertainties, including but not limited to those described in Peoples Bancorp of North Carolina, Inc.’s annual report on Form 10-K for the year ended December 31, 2023, under “General Description of Business” and otherwise in the Company’s reports and filings.
| Contact: | William D. “Bill” Cable, Sr. |
| President and Chief Executive Officer | |
| Jeffrey N. Hooper | |
| Executive Vice President and Chief Financial Officer | |
| Phone 828-464-5620 |
FAQ
What is Peoples Bancorp's (PEBK) Q4 2024 dividend amount?
When will PEBK pay its Q4 2024 dividend?
How many banking offices does Peoples Bancorp (PEBK) operate?
In which North Carolina counties does PEBK operate banking offices?
