PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND
Rhea-AI Summary
Peoples Bancorp (Nasdaq: PEBO) has announced its quarterly cash dividend of $0.41 per common share, as declared by the Board of Directors on April 21, 2025. The dividend will be payable on May 19, 2025, to shareholders of record on May 5, 2025.
The dividend distribution amounts to approximately $14.6 million, representing a 60.1% payout of the company's first quarter 2025 earnings. Based on the closing stock price of $27.85 on April 17, 2025, this quarterly dividend yields an annualized return of 5.89%.
The financial services holding company reported $9.2 billion in total assets as of March 31, 2025, and operates 147 locations, including 128 full-service bank branches across Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland.
Positive
- Strong dividend yield of 5.89% annualized
- Substantial quarterly dividend payout of $14.6 million
- Healthy payout ratio of 60.1% of Q1 2025 earnings
- Significant asset base of $9.2 billion
- Extensive branch network across six states
Negative
- None.
This dividend represents a payout of approximately
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
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SOURCE Peoples Bancorp Inc.