Peoples Bancorp Announces Cash Dividend

Rhea-AI Summary

Peoples Bancorp of North Carolina, Inc. (Nasdaq: PEBK) declares a regular cash dividend for Q4 2023 of $0.19 per share, to be paid on December 15, 2023. Shareholders urged to enroll in the Dividend Reinvestment and Stock Purchase Plan. The company operates 17 banking offices in North Carolina and has a publicly traded common stock quoted on Nasdaq under the symbol 'PEBK'.

NEWTON, N.C., Nov. 17, 2023 (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 fourth quarter of 2023 in the amount of $0.19 per share. The fourth quarter cash dividend will be paid on December 15, 2023 to shareholders of record on December 4, 2023.

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 17 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, Mecklenburg, Rowan, and Forsyth 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, 2022, 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

 

FAQ

What is the dividend amount declared by Peoples Bancorp of North Carolina, Inc. for Q4 2023?

The dividend amount declared is $0.19 per share.

When will the Q4 2023 cash dividend be paid to shareholders?

The dividend will be paid on December 15, 2023.

How can shareholders enroll in the Dividend Reinvestment and Stock Purchase Plan?

Shareholders can contact Krissy Price at (828) 464-5620 or (800) 948-7195 or email any questions to shareholder@broadridge.com.

Where does Peoples Bancorp of North Carolina, Inc. operate its banking offices?

The company operates 17 banking offices entirely in North Carolina, with offices in Catawba, Alexander, Lincoln, Mecklenburg, Iredell and Wake Counties.

Where is the common stock of Peoples Bancorp of North Carolina, Inc. quoted?

The common stock is quoted on the Nasdaq Global Market under the symbol 'PEBK'.