Muncy Bank Financial, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Muncy Bank Financial, Inc. (MYBF) announced a cash dividend of $0.38 per share for Q2 2022, up from $0.36 in Q2 2021. This marks the 347th consecutive dividend payout since 1935, reflecting the company's commitment to shareholder returns. The dividend is scheduled for payment on June 15, 2022, to shareholders of record by June 3, 2022. Muncy Bank has a history of increasing its dividends since 1990, indicating a consistent performance and confidence in future earnings.

Positive

• Increase in dividend from $0.36 to $0.38 per share, representing a 5.56% growth.
• 347th consecutive dividend payout reflects financial stability and shareholder commitment.
• Long history of dividend increases since 1990 shows sustained company performance.

Negative

• None.

MUNCY, Pa.--(BUSINESS WIRE)-- Robert J. Glunk, Chairman of the Board/President & CEO of Muncy Bank Financial, Inc. (OTCQB:MYBF) has announced that the Company’s Board of Directors declared a second quarter 2022 cash dividend of $0.38 per share compared to $0.36 for the same period in 2021.

The second quarter 2022 dividend represents the 347th consecutive dividend payout dating back to 1935. Muncy Bank Financial Inc. has increased its dividend payout since 1990.

The second quarter dividend is payable June 15, 2022 to shareholders of record June 3, 2022.

About Muncy Bank Financial, Inc.

Muncy Bank Financial, Inc. is the bank holding company for The Muncy Bank & Trust Company. The Muncy Bank & Trust Company serves customers through their retail banking, commercial banking, and financial services divisions. Muncy Bank offices are located in the communities of Muncy, Clarkstown, Hughesville, Montoursville, Dewart, Avis, Linden, and Montgomery. A new Muncy Bank office is scheduled to open in South Williamsport in 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220518005741/en/

Beth Benson

570.546.2211

investorrelations@muncybank.com

Source: Muncy Bank Financial, Inc.

FAQ

What is the dividend amount declared by Muncy Bank Financial (MYBF) for Q2 2022?

Muncy Bank Financial (MYBF) declared a dividend of $0.38 per share for Q2 2022.

When will the dividend for Muncy Bank Financial (MYBF) be paid?

The dividend will be paid on June 15, 2022.

What was the dividend amount for Muncy Bank Financial (MYBF) in the same quarter last year?

The dividend amount for Q2 2021 was $0.36 per share.

How long has Muncy Bank Financial (MYBF) been paying dividends?

Muncy Bank Financial has paid dividends consecutively since 1935.

Has Muncy Bank Financial (MYBF) increased its dividend payout historically?

Yes, Muncy Bank Financial has increased its dividend payout since 1990.