Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Codorus Valley Bancorp has declared a quarterly cash dividend of $0.10 per share, payable on August 11, 2020, to shareholders of record by the close of business on July 28, 2020. Codorus Valley Bancorp, the parent company of PeoplesBank, has over $2 billion in assets and operates as the largest independent financial institution in York County, Pennsylvania. Common stock trades on the NASDAQ under the symbol CVLY.

Positive

• Quarterly cash dividend of $0.10 per share supports shareholder income.
• Company's asset base exceeds $2 billion, indicating strong financial health.

Negative

• None.

YORK, Pa., July 15, 2020 (GLOBE NEWSWIRE) -- On July 14, 2020, the Board of Directors of Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.10 per common share, payable on August 11, 2020, to shareholders of record at the close of business on July 28, 2020.      

With assets of over $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly-owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania.  PeoplesBank offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. Codorus Valley Bancorp, Inc.’s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.      

Questions or comments concerning this Press Release should be directed to:

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40%; width:40%; min-width:40%;">Codorus Valley Bancorp, Inc.	60%; width:60%; min-width:60%;">
Larry J. Miller, Chairman, President and CEO 717-747-1500 lmiller@peoplesbanknet.com	Larry D. Pickett, CPA - Treasurer  717-747-1502 lpickett@peoplesbanknet.com

                                            

FAQ

What is the dividend amount declared by Codorus Valley Bancorp (CVLY)?

Codorus Valley Bancorp declared a quarterly cash dividend of $0.10 per share.

When is the dividend payment date for CVLY?

The dividend is payable on August 11, 2020.

When is the record date for the dividend of CVLY?

The record date for the dividend is July 28, 2020.

What is the financial status of Codorus Valley Bancorp?

Codorus Valley Bancorp has assets over $2 billion, making it the largest independent financial institution in York County, Pennsylvania.