CNB Financial Announces Quarterly Dividend for Common Stock

Rhea-AI Summary

CNB Financial Corporation (Nasdaq: CCNE) announced a quarterly cash dividend of $0.17 per share, payable on March 15, 2021, to shareholders of record as of March 1, 2021. With consolidated assets of approximately $4.7 billion, the company operates through its principal subsidiary, CNB Bank, which offers a wide range of banking services across Pennsylvania, Ohio, and New York, including trust and wealth management services for various customer segments.

Positive

• Quarterly cash dividend of $0.17 per share enhances shareholder income.
• Strong consolidated assets of approximately $4.7 billion indicate company stability.

Negative

• None.

CLEARFIELD, Pa., Feb. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a $0.17 per share of common stock quarterly cash dividend payable on March 15, 2021, to common stock shareholders of record as of March 1, 2021.

CNB Financial Corporation is a financial holding company with consolidated assets of approximately $4.7 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers. CNB Bank operations include a private banking division, one loan production office, one drive-up office and 44 full-service offices in Pennsylvania, Ohio, and New York. CNB Bank’s divisions include ERIEBANK, based in Erie, Pennsylvania, with offices in northwest Pennsylvania and northeast Ohio; FCBank, based in Worthington, Ohio, with offices in central Ohio; and BankOnBuffalo, based in Buffalo, New York, with offices in northern New York. CNB Bank is headquartered in Clearfield, Pennsylvania, with offices in central and north central Pennsylvania. Additional information about CNB Financial Corporation may be found at www.CNBBank.bank.

FAQ

What is the dividend amount for CNB Financial Corporation in 2021?

CNB Financial Corporation declared a dividend of $0.17 per share for 2021.

When is the dividend payable for CCNE?

The dividend for CCNE is payable on March 15, 2021.

What is the record date for the dividend payment by CNB Financial Corporation?

The record date for the dividend payment is March 1, 2021.