25.07.2017 13:48:00
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Peoples Bancorp Inc. Declares Quarterly Dividend
MARIETTA, Ohio, July 25, 2017 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) declared a quarterly cash dividend of $0.22 per common share on July 24, 2017, payable on August 18, 2017, to shareholders of record on August 4, 2017.
This dividend represents a payout of approximately $4.0 million, or 41.2% of Peoples' reported second quarter 2017 earnings. Based on the closing stock price of Peoples' common shares of $30.86 on July 24, 2017, the quarterly dividend produces an annualized yield of 2.85%.
Peoples Bancorp Inc. is a diversified financial products and services company with $3.5 billion in assets, 75 locations, including 67 full-service bank branches and 75 ATMs in Ohio, West Virginia and Kentucky. Peoples makes available a complete line of banking, investment, insurance, and trust solutions through its subsidiaries - Peoples Bank and Peoples Insurance Agency, LLC. Peoples' common shares are traded on the NASDAQ Global Select Market® under the symbol "PEBO", and Peoples is a member of the Russell 3000 index of US publicly traded companies. Learn more about Peoples at www.peoplesbancorp.com.
View original content:http://www.prnewswire.com/news-releases/peoples-bancorp-inc-declares-quarterly-dividend-300493535.html
SOURCE Peoples Bancorp Inc.
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Peoples Bancorp IncShs | 31,78 | -2,25% |
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