Peoples Bancorp Inc. Declares Quarterly Dividend

The Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) declared a quarterly cash dividend of $0.35 per common share on October 19, 2020, payable November 16, 2020, to shareholders of record on November 2, 2020.

Rhea-AI Summary

The Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) declared a quarterly cash dividend of $0.35 per common share on October 19, 2020, payable November 16, 2020, to shareholders of record on November 2, 2020. This dividend totals approximately $6.9 million, providing an annualized yield of 6.46% based on the stock's closing price of $21.67 on the declaration date. Peoples Bancorp operates with $4.9 billion in total assets and maintains 88 locations across Ohio, Kentucky, and West Virginia.

Positive

• Quarterly cash dividend of $0.35 per share announced.
• Annualized yield of 6.46% based on recent stock price.
• Dividend payout totals approximately $6.9 million, indicating strong shareholder returns.

Negative

• None.

Argus Publication session

+3.49% session move Open Argus

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News Market Reaction – PEBO

In the trading session that priced this news, PEBO gained 3.49%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MARIETTA, Ohio, Oct. 20, 2020 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of $0.35 per common share on October 19, 2020, payable on November 16, 2020, to shareholders of record on November 2, 2020.

This dividend represents a payout of approximately $6.9 million.  Based on the closing stock price of Peoples' common shares of $21.67 on October 19, 2020, the quarterly dividend produces an annualized yield of 6.46%.

Peoples Bancorp Inc. ("Peoples", Nasdaq: PEBO) is a diversified financial services holding company and makes available a complete line of banking, trust and investment, insurance and premium financing solutions through its subsidiaries. Headquartered in Marietta, Ohio since 1902, Peoples has established a heritage of financial stability, growth and community impact. Peoples has $4.9 billion in total assets and 88 locations, including 76 full-service bank branches in Ohio, Kentucky and West Virginia. Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies.

www.peoplesbancorp.com

View original content:http://www.prnewswire.com/news-releases/peoples-bancorp-inc-declares-quarterly-dividend-301155359.html

SOURCE Peoples Bancorp Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Peoples Bancorp (PEBO)?

Peoples Bancorp declared a dividend amount of $0.35 per common share.

When will the dividend for Peoples Bancorp be paid?

The dividend will be payable on November 16, 2020.

Who is eligible to receive the dividend from Peoples Bancorp?

Shareholders of record as of November 2, 2020, are eligible to receive the dividend.

What is the annualized yield of the dividend for Peoples Bancorp (PEBO)?

The annualized yield of the dividend is 6.46% based on the stock price at the time of declaration.