CSB Bancorp, Inc. Declares First Quarter Cash Dividend

Rhea-AI Summary

CSB Bancorp, Inc. (OTC Pink: CSBB) has announced a first quarter cash dividend of $0.36 per share, representing an increase of $0.01 from the previous dividend. The payment date is set for March 21, 2023, for shareholders of record as of March 7, 2023. With approximately $1.2 billion in assets as of December 31, 2022, CSB Bancorp continues to offer a full range of banking services through its subsidiary, The Commercial Savings Bank, across several counties in Ohio.

Positive

• Declared a cash dividend of $0.36 per share, indicating a commitment to returning value to shareholders.
• Dividend increase of $0.01 demonstrates growing financial confidence.

Negative

• None.

MILLERSBURG, Ohio--(BUSINESS WIRE)-- CSB Bancorp, Inc., (OTC Pink: CSBB) today announced that the Company’s Board of Directors has declared a first quarter cash dividend of $0.36 per share on its common stock, payable March 21, 2023, to shareholders of record as of March 7, 2023. The dividend represents a $0.01 increase in the quarterly cash dividend.

CSB Bancorp, Inc. is a financial holding company headquartered in Millersburg, Ohio, with approximate assets of $1.2 billion as of December 31, 2022. CSB provides a complete range of banking and other financial services to consumers and businesses through its wholly owned subsidiary, The Commercial and Savings Bank, with sixteen banking centers in Holmes, Stark, Tuscarawas, and Wayne counties and Trust offices located in Millersburg, North Canton, and Wooster, Ohio. CSB is located on the web at http://www.csb1.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230201005975/en/

Paula Meiler, SVP and CFO

330-763-2873

paula.meiler@csb1.com

Source: CSB Bancorp, Inc.

FAQ

What is the dividend amount declared by CSBB for Q1 2023?

CSBB has declared a cash dividend of $0.36 per share for Q1 2023.

When will CSBB pay its Q1 2023 dividend?

The Q1 2023 dividend will be paid on March 21, 2023.

What is the record date for CSBB's dividend?

The record date for the dividend is March 7, 2023.

How much was the increase in CSBB's quarterly cash dividend?

The quarterly cash dividend increased by $0.01.

What are the total assets of CSB Bancorp?

CSB Bancorp has approximately $1.2 billion in assets as of December 31, 2022.