Peoples Bancorp Announces Special Cash Dividend
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Rhea-AI Summary
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has announced a special cash dividend of $0.16 per share, payable on February 14, 2025, to shareholders of record as of February 3, 2025. The company operates 16 banking offices across North Carolina, including locations in Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties, along with loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
Shareholders are invited to participate in the company's Dividend Reinvestment and Stock Purchase Plan, with support available through designated contact channels.
Positive
- Special cash dividend of $0.16 per share announced
- Broad operational presence across 16 banking offices in North Carolina
- Additional revenue channels through loan production offices in four counties
Negative
- None.
Details
News Market Reaction – PEBK
The recorded move for PEBK in the trading session of this news was -2.44%.
Data tracked by StockTitan Argus. Session date unavailable.
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NEWTON, N.C., Jan. 17, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc. (Nasdaq: PEBK) is pleased to announce the declaration of a special cash dividend 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 operates 16 banking offices 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 listed 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. Cable, Sr. President and Chief Executive Officer Jeffrey N. Hooper Executive Vice President and Chief Financial Officer 828-464-5620 |
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