Peoples Bancorp Announces Cash Dividend
The Board of Directors of Peoples Bancorp of North Carolina, Inc. (Nasdaq: PEBK) has declared a cash dividend of $0.15 per share for the second quarter of 2020. This dividend will be paid on June 15, 2020, to shareholders of record on June 3, 2020. Shareholders are also encouraged to participate in the Company’s Dividend Reinvestment and Stock Purchase Plan. Peoples Bank operates 19 banking offices in North Carolina and maintains a strong market presence.
- Dividend of $0.15 per share boosts shareholder income.
- Dividend payment scheduled for June 15, 2020, demonstrates financial stability.
- None.
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NEWTON, N.C., May 22, 2020 (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 second quarter of 2020 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 19 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, and Durham 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, 2019, 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, Fax 828-465-6780
FAQ
What is the dividend amount declared by Peoples Bancorp of North Carolina for Q2 2020?
When will the Q2 2020 dividend be paid?
What is the record date for the Q2 2020 dividend?
How can shareholders enroll in the Dividend Reinvestment and Stock Purchase Plan?
