Peoples Bancorp Announces Cash Dividend
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has declared a regular cash dividend of $0.19 per share for the third quarter of 2024.
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Rhea-AI Summary
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has declared a regular cash dividend of $0.19 per share for the third quarter of 2024. The dividend will be paid on September 13, 2024 to shareholders of record as of September 3, 2024. Shareholders are encouraged to enroll in the Company's Dividend Reinvestment and Stock Purchase Plan.
Peoples Bank, a wholly-owned subsidiary of Peoples Bancorp, operates 16 banking offices in North Carolina, covering Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties. The Bank also has loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties. Peoples Bancorp's common stock is traded on the Nasdaq Global Market under the symbol 'PEBK'.
Positive
- Regular quarterly dividend of $0.19 per share declared
- Dividend Reinvestment and Stock Purchase Plan available for shareholders
- Extensive banking network with 16 offices and additional loan production offices
Negative
- None.
Details
News Market Reaction – PEBK
The recorded move for PEBK in the trading session of this news was +0.91%.
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NEWTON, N.C., Aug. 19, 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 third 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: | Lance A. Sellers |
| President and Chief Executive Officer | |
| Jeffrey N. Hooper | |
| Executive Vice President and Chief Financial Officer | |
| Phone 828-464-5620 |
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