PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND

Peoples Bancorp (Nasdaq: PEBO) has declared a quarterly cash dividend of $0.40 per common share, payable on February 18, 2025, to shareholders of record on February 3, 2025.

Rhea-AI Summary

Peoples Bancorp (Nasdaq: PEBO) has declared a quarterly cash dividend of $0.40 per common share, payable on February 18, 2025, to shareholders of record on February 3, 2025. The dividend totals approximately $14.2 million, representing 52.8% of the company's Q4 2024 earnings. Based on the January 17, 2025 closing price of $31.30, this dividend yields an annualized 5.11%.

The financial services holding company reported $9.3 billion in total assets as of December 31, 2024, and operates 148 locations, including 129 full-service bank branches across Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland. The company, headquartered in Marietta, Ohio since 1902, is a member of the Russell 3000 index.

Positive

• Quarterly dividend of $0.40 per share represents a 5.11% annualized yield
• Strong asset base of $9.3 billion
• Extensive network of 148 locations across six states
• Healthy payout ratio of 52.8% indicates sustainable dividend

Negative

• None.

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MARIETTA, Ohio, Jan. 21, 2025 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of $0.40 per common share on January 20, 2025, payable on February 18, 2025, to shareholders of record on February 3, 2025.

This dividend represents a payout of approximately $14.2 million, or 52.8% of Peoples' reported fourth quarter 2024 earnings. Based on the closing stock price of Peoples' common shares of $31.30 on January 17, 2025, the quarterly dividend produces an annualized yield of 5.11%.

Peoples Bancorp Inc. 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. Peoples Bank has been headquartered in Marietta, Ohio since 1902. Peoples has established a heritage of financial stability, growth and community impact. Peoples had $9.3 billion in total assets as of December 31, 2024, and 148 locations, including 129 full-service bank branches in Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland. Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies. Learn more about Peoples at www.peoplesbancorp.com.

View original content:https://www.prnewswire.com/news-releases/peoples-bancorp-inc-declares-quarterly-dividend-302355476.html

SOURCE Peoples Bancorp Inc.

FAQ

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

What is the dividend amount and yield for PEBO stock in Q1 2025?

Peoples Bancorp (PEBO) declared a quarterly dividend of $0.40 per share, representing an annualized yield of 5.11% based on the January 17, 2025 closing price of $31.30.

When is PEBO's Q1 2025 dividend payment date?

The dividend is payable on February 18, 2025, to shareholders of record on February 3, 2025.

What percentage of earnings does PEBO's Q1 2025 dividend represent?

The quarterly dividend represents a payout of 52.8% of Peoples Bancorp's reported fourth quarter 2024 earnings.

What is Peoples Bancorp's (PEBO) total asset value as of December 2024?

Peoples Bancorp reported total assets of $9.3 billion as of December 31, 2024.

How many branches does PEBO operate and in which states?

PEBO operates 148 locations, including 129 full-service bank branches across Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland.