CNB Financial Announces Quarterly Dividend For Common Stock

Rhea-AI Summary

The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.17 per share on common stock. This dividend is payable on June 15, 2021, to shareholders of record as of June 1, 2021. CNB Financial Corporation, with consolidated assets of approximately $4.9 billion, primarily operates through CNB Bank, offering a range of banking services across several states, including Pennsylvania, Ohio, and New York.

Positive

• Declaration of a $0.17 per share quarterly cash dividend.
• Dividend payment reflects company confidence in financial stability.

Negative

• None.

CLEARFIELD, Pa., May 13, 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 June 15, 2021 to common stock shareholders of record as of June 1, 2021.

CNB Financial Corporation is a financial holding company with consolidated assets of approximately $4.9 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 declared by CNB Financial Corporation?

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

When will the dividend be paid to shareholders?

The dividend will be paid on June 15, 2021.

What is the record date for the dividend payment?

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

How often does CNB Financial Corporation declare dividends?

CNB Financial Corporation declares dividends quarterly, as indicated in this announcement.