Premier Financial Bancorp, Inc. Announces Fourth Quarter Dividend

Rhea-AI Summary

Premier Financial Bancorp (PFBI) has declared a fourth quarter cash dividend of $0.15 per share on its common stock. The dividend is set for shareholders of record on December 15, 2020, and will be paid out on December 31, 2020. The company, a $1.9 billion financial holding entity, emphasizes its commitment to shareholder returns amid prevailing economic conditions. This announcement reflects Premier’s ongoing strategy to reward its investors with consistent dividends, showcasing their financial stability.

Positive

• Dividend of $0.15 per share declared.
• Demonstrates commitment to shareholder returns.
• $1.9 billion financial holding company indicates stability.

Negative

• None.

News Market Reaction – PFBI

-1.14%

1 alert

-1.14% News Effect

On the day this news was published, PFBI declined 1.14%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

HUNTINGTON, W.Va., Nov. 19, 2020 /PRNewswire/ -- PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI) a $1.9 billion financial holding company with two community bank subsidiaries announced today that it will pay a fourth quarter cash dividend of $0.15 per share on its common stock.  At its regularly scheduled November meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on December 15, 2020.  The cash dividend will be paid to shareholders on December 31, 2020.

Certain Statements contained in this news release, including without limitation, statements including the word "believes," "anticipates," "intends," "expects" or words of similar import, constitute "forward-looking statements" within the meaning of section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").  Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Premier to be materially different from any future results, performance or achievements of Premier expressed or implied by such forward-looking statements.  Such factors include, among others, general economic and business conditions, changes in business strategy or development plans and other factors referenced in this press release.  Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.  Premier disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

View original content:http://www.prnewswire.com/news-releases/premier-financial-bancorp-inc-announces-fourth-quarter-dividend-301176482.html

SOURCE Premier Financial Bancorp, Inc.

FAQ

When will Premier Financial Bancorp pay its fourth quarter dividend?

The fourth quarter cash dividend will be paid on December 31, 2020.

What is the dividend amount for PFBI's fourth quarter?

The dividend amount is $0.15 per share.

Who is eligible for the PFBI dividend payment?

Shareholders of record on December 15, 2020, are eligible.

What is the current status of Premier Financial Bancorp?

Premier Financial Bancorp is a $1.9 billion financial holding company.