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Peoples Bancorp Announces Cash Dividend

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Peoples Bancorp of North Carolina has declared a regular cash dividend of $0.16 per share for Q1 2021. This dividend will be paid on March 15, 2021 to shareholders who are on record as of March 3, 2021. Shareholders are encouraged to participate in the Dividend Reinvestment and Stock Purchase Plan. Peoples Bank operates 18 banking offices across North Carolina and offers loan production offices in Lincoln and Mecklenburg Counties. The company is publicly traded under the ticker PEBK.

Positive
  • Declared a regular cash dividend of $0.16 per share.
  • Dividend payment date set for March 15, 2021.
Negative
  • None.

NEWTON, N.C., Feb. 19, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc., Newton, NC (Nasdaq: PEBK) declared the Company’s regular cash dividend for the first quarter of 2021 in the amount of $0.16 per share. The first quarter cash dividend will be paid on March 15, 2021 to shareholders of record on March 3, 2021.

Shareholders are encouraged to enroll in the Company’s Dividend Reinvestment and Stock Purchase Plan. For details, contact Krissy Price at (828) 464-5620 or (800) 948-7195 or you may email any questions to our transfer agent, Broadridge Corporate Issuer Solutions, Inc. at shareholder@broadridge.com.

Peoples Bank, the wholly-owned subsidiary of Peoples Bancorp of North Carolina, Inc. operates 18 banking offices entirely in North Carolina, with offices in Catawba, Alexander, Lincoln, Mecklenburg, Iredell and Wake Counties. The Bank also operates loan production offices in Lincoln and Mecklenburg Counties. The Company’s common stock is publicly traded and is quoted on the Nasdaq Global Market under the symbol “PEBK.”

Statements made in this press release, other than those concerning historical information, should be considered forward-looking statements pursuant to the safe harbor provisions of the Securities Exchange Act of 1934 and the Private Securities Litigation Act of 1995. These forward-looking statements are based on information currently available to management and are subject to various risks and uncertainties, including but not limited to those described in Peoples Bancorp of North Carolina, Inc.’s annual report on Form 10-K for the year ended December 31, 2019, under “General Description of Business” and otherwise in the Company’s reports and filings.

Contact:Lance A. Sellers
 President and Chief Executive Officer
  
 Jeffrey N. Hooper
 Executive Vice President and Chief Financial Officer
  
 Phone 828-464-5620, Fax 828-465-6780


FAQ

What is the dividend amount declared by PEBK for Q1 2021?

The dividend amount declared by PEBK for Q1 2021 is $0.16 per share.

When will the dividend for PEBK be paid?

The dividend for PEBK will be paid on March 15, 2021.

What is the record date for the PEBK dividend?

The record date for the PEBK dividend is March 3, 2021.

How can shareholders enroll in the Dividend Reinvestment Plan for PEBK?

Shareholders can enroll in the Dividend Reinvestment and Stock Purchase Plan by contacting Krissy Price at 828-464-5620 or emailing Broadridge Corporate Issuer Solutions.

What is the ticker symbol for Peoples Bancorp of North Carolina?

The ticker symbol for Peoples Bancorp of North Carolina is PEBK.

Peoples Bancorp of North Carol

NASDAQ:PEBK

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