Peoples Ltd. Declares Second Quarter Dividend
Rhea-AI Summary
Peoples Ltd. (OTC: PPLL) has announced a second quarter cash dividend of $0.32 per share, payable on June 30, 2025. The dividend represents an 8.69% increase compared to the second quarter of 2024. This dividend announcement follows a 2-for-1 stock split scheduled for May 30, 2025, and will be payable to shareholders of record as of June 13, 2025.
The dividend declaration was made during the Board of Directors' regular meeting on May 28, 2025. Peoples Ltd. operates as the holding company for PS Bank, an independent community bank established in 1914, serving multiple counties in Pennsylvania including Bradford, Sullivan, Wyoming, Lackawanna, and Susquehanna.
Positive
- 8.69% increase in quarterly dividend compared to Q2 2024
- 2-for-1 stock split implementation, improving stock liquidity
- Consistent dividend payment demonstrates financial stability
Negative
- None.
The declaration of dividend, made at the regular meeting of the Board of Directors on May 28, 2025, is payable to shareholders of record June 13, 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
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SOURCE Peoples Ltd.