Peoples Ltd. Declares First Quarter Dividend

Peoples (OTC: PPLL) has announced its first quarter cash dividend of $0.63 per share, payable on March 31, 2025.

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Rhea-AI Summary

Peoples (OTC: PPLL) has announced its first quarter cash dividend of $0.63 per share, payable on March 31, 2025. The dividend represents a significant 7.04% increase compared to the first quarter 2024 dividend.

The dividend declaration was made at the Board of Directors meeting on February 26, 2025, and will be payable to shareholders of record as of March 14, 2025. Peoples operates as the holding company for PS Bank, an independent community bank established in 1914, serving multiple counties including Bradford, Sullivan, Wyoming, Lackawanna, and Susquehanna.

Positive

Dividend increased by 7.04% year-over-year
Quarterly dividend payment of $0.63 per share maintained

Negative

None.

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News Market Reaction – PPLL

The recorded move for PPLL in the trading session of this news was -15.29%.

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02/27/2025 - 03:15 PM EST

WYALUSING, Pa., Feb. 27, 2025 /PRNewswire/ -- Peoples Ltd. (OTC: PPLL) Anthony J. Gabello, President and Chief Executive Officer of Peoples Ltd., has announced that the Board of Directors has declared a first quarter cash dividend in the amount of $0.63 per share payable on March 31, 2025. The cash dividend represents a 7.04% increase over the cash dividend paid in the first quarter 2024.

The declaration of dividend, made at the regular meeting of the Board of Directors on February 26, 2025, is payable to shareholders of record March 14, 2025.

Note: This press release may contain forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks; changing economic and competitive conditions and other risks and uncertainties.

Peoples Ltd. is the holding company for PS Bank. PS Bank is an independent community bank established in 1914 with locations throughout Bradford, Sullivan, Wyoming, Lackawanna, and Susquehanna counties. Learn more about PS Bank at www.PSBanking.com.

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SOURCE Peoples Ltd.

FAQ

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

What is the new quarterly dividend amount for Peoples (PPLL) stock?

Peoples declared a quarterly dividend of $0.63 per share for Q1 2025.

When is the ex-dividend date for Peoples (PPLL) Q1 2025 dividend?

Shareholders must be on record by March 14, 2025 to receive the dividend payment.

When will Peoples (PPLL) pay its Q1 2025 dividend?

The dividend will be paid on March 31, 2025.

How much did Peoples (PPLL) increase its dividend compared to Q1 2024?

The Q1 2025 dividend represents a 7.04% increase over the Q1 2024 dividend.

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Peoples Ltd. Declares First Quarter Dividend