Peoples Bancorp Inc. Declares Quarterly Dividend
Rhea-AI Summary
The Board of Directors of Peoples Bancorp declared a quarterly cash dividend of $0.35 per share, totaling approximately $6.8 million, which is 33.3% of reported Q4 2020 earnings. The dividend is payable on February 22, 2021, to shareholders of record as of February 8, 2021. With a closing stock price of $30.00 on the declaration date, this dividend yields an annualized rate of 4.67%. Peoples Bancorp offers diversified financial services and has total assets of $4.8 billion as of December 31, 2020.
Positive
- Quarterly cash dividend of $0.35 per share announced.
- Dividend payout of approximately $6.8 million enhances shareholder income.
- Annualized yield of 4.67% based on recent stock price.
Negative
- None.
News Market Reaction – PEBO
In the trading session that priced this news, PEBO gained 1.09%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MARIETTA, Ohio, Jan. 26, 2021 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of
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. Headquartered in Marietta, Ohio since 1902. Peoples has established a heritage of financial stability, growth and community impact. Peoples had
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SOURCE Peoples Bancorp Inc.