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Muncy Bank Financial, Inc. Announces Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Muncy Bank Financial, Inc. (OTCQB:MYBF) announced a fourth quarter 2021 cash dividend of $0.37 per share, up from $0.36 in 2020. This marks a 3.50% increase in the total cash dividend payout for 2021, amounting to $1.46. The fourth quarter dividend is the 345th consecutive payout since 1935, reflecting the company's commitment to shareholder returns. The dividend is payable on December 15, 2021, to shareholders of record as of December 3, 2021.
Positive
Dividend increased from $0.36 in 2020 to $0.37 in 2021.
Total cash dividend payout for 2021 is $1.46, a 3.50% increase over 2020.
345th consecutive dividend payout dating back to 1935.
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 fourth quarter 2021 cash dividend of $0.37 per share compared to $0.36 for the same period in 2020. The total cash dividend payout of $1.46 for 2021 represents a 3.50% increase over 2020.
The fourth quarter 2021 dividend represents the 345th consecutive dividend payout dating back to 1935. Muncy Bank Financial Inc. has increased its dividend payout since 1990.
The fourth quarter dividend is payable December 15, 2021 to shareholders of record December 3, 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.