Community Bancorp of Santa Maria Announces Dividend

Rhea-AI Summary

Community Bancorp of Santa Maria has declared an annual cash dividend of $0.20 per share, scheduled for payment on July 9, 2021. Shareholders of record as of June 30, 2021 will receive this dividend. The decision follows the Board's assessment of the company's financial performance and capital strength. Community Bancorp is the parent company of Community Bank of Santa Maria, which has been operational since March 1, 2001.

Positive

• Declared an annual cash dividend of $0.20 per share
• Dividend reflects strong financial performance and capital strength

Negative

• None.

SANTA MARIA, Calif., June 9, 2021 /PRNewswire/ -- Community Bancorp of Santa Maria today announced its Board of Directors has declared an annual cash dividend of $0.20 per share. The dividend will be paid on July 9, 2021 to shareholders of record as of June 30, 2021. The dividend was approved subsequent to the Board's review of the Company's financial performance and capital strength.

Community Bancorp of Santa Maria is the single bank holding company of Community Bank of Santa Maria, which opened for business on March 1, 2001, and presently employs some 50 people.  The Company's stock is traded on OTCQX:CYSM.  For more information, visit their website at www.yourcbsm.com. 

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SOURCE Community Bancorp of Santa Maria

FAQ

What is the dividend amount for CYSM shareholders?

The dividend amount for CYSM shareholders is $0.20 per share.

When will the dividend for CYSM be paid?

The dividend for CYSM will be paid on July 9, 2021.

What is the record date for the CYSM dividend?

The record date for the CYSM dividend is June 30, 2021.

How has Community Bancorp performed financially?

The annual cash dividend indicates that Community Bancorp has demonstrated financial strength and performance.