Peapack-Gladstone Financial Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Peapack-Gladstone Financial Corporation (NASDAQ: PGC) declared a quarterly cash dividend of $0.05 per share on January 28, 2021. This dividend will be paid on February 26, 2021 to shareholders on record as of February 11, 2021. The company, with total assets of $6.0 billion and AUM/AUA of $7.6 billion, offers a range of financial services including innovative wealth management and commercial banking solutions.

Positive

• Quarterly cash dividend of $0.05 per share enhances shareholder returns.
• Total assets of $6.0 billion reflect strong financial stability.

Negative

• None.

News Market Reaction – PGC

+2.02%

+2.02% Session move

In the trading session that priced this news, PGC gained 2.02%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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BEDMINSTER, N.J., Jan. 28, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:PGC) announced on January 28, 2021 that its Board of Directors has declared a regular quarterly cash dividend of $0.05 per share on its common stock.  The dividend will be paid on February 26, 2021 to shareholders of record as of February 11, 2021. 

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $6.0 billion and AUM/AUA of $7.6 billion as of September 30, 2020.  Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative wealth management, commercial and retail solutions, including residential lending and online platforms, to businesses and consumers.  Peapack Private, the bank’s wealth management division, offers comprehensive financial, tax, fiduciary and investment advice and solutions, to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy.  Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service.  Visit www.pgbank.com and www.peapackprivate.com for more information.

Contact:

Jeffrey J. Carfora, Chief Financial Officer

Peapack-Gladstone Financial Corporation

T: 908-719-4308

FAQ

What is the dividend amount declared by Peapack-Gladstone Financial Corporation?

Peapack-Gladstone Financial Corporation declared a dividend of $0.05 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 26, 2021.

What is the record date for the dividend payout?

The record date for the dividend payout is February 11, 2021.

What are the total assets of Peapack-Gladstone Financial Corporation?

Peapack-Gladstone Financial Corporation has total assets of $6.0 billion.