Muncy Bank Financial, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Muncy Bank Financial, Inc. (OTC:MYBF) declared a second quarter dividend of $0.36 per share, up from $0.35 in 2020. This marks the 343rd consecutive dividend payout since 1935, with the bank consistently increasing its dividend since 1990. The dividend is payable on June 15, 2021, to shareholders of record as of June 4, 2021. Muncy Bank Financial, Inc. operates multiple locations in central Pennsylvania and is set to open a new office in South Williamsport in 2022.

Positive

• Second quarter dividend increased from $0.35 to $0.36 per share.
• 343rd consecutive dividend payout reflects strong historical performance.
• Consistent dividend increases since 1990 demonstrate financial strength.

Negative

• None.

Robert J. Glunk, Chairman of the Board/President & CEO of Muncy Bank Financial, Inc. (OTC:MYBF) has announced that the Company’s Board of Directors declared a second quarter 2021 cash dividend of $0.36 per share compared to $0.35 for the same period in 2020.

The second quarter 2021 dividend represents the 343rd 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, 2021 to shareholders of record June 4, 2021.

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/20210519005623/en/

FAQ

What is the dividend amount announced by MYBF for the second quarter of 2021?

Muncy Bank Financial, Inc. declared a dividend of $0.36 per share for the second quarter of 2021.

When will the second quarter dividend for MYBF be paid?

The second quarter dividend will be payable on June 15, 2021.

What was the dividend amount in the same period last year for MYBF?

The dividend amount for the same period last year was $0.35 per share.

How long has MYBF been paying dividends?

Muncy Bank Financial, Inc. has been paying dividends since 1935, making it 343 consecutive payouts.

Is the dividend payout by MYBF sustainable?

Muncy Bank Financial, Inc. has consistently increased its dividend payouts since 1990, indicating strong financial health.