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Peoples Bancorp Announces Cash Dividend

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Peoples Bancorp of North Carolina, Inc. (Nasdaq: PEBK) has declared a cash dividend of $0.17 per share for Q4 2021. This dividend will be paid on December 15, 2021 to shareholders who are on record by December 3, 2021. Shareholders can enroll in the Dividend Reinvestment and Stock Purchase Plan for additional investment opportunities. The Company operates 17 banking offices solely in North Carolina and is dedicated to serving its community.

Positive
  • Declared a cash dividend of $0.17 per share for Q4 2021.
  • Dividend payment date is set for December 15, 2021.
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  • None.

NEWTON, N.C., Nov. 22, 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 fourth quarter of 2021 in the amount of $0.17 per share. The fourth quarter cash dividend will be paid on December 15, 2021 to shareholders of record on December 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. currently 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, 2020, 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 cash dividend amount declared by PEBK for Q4 2021?

Peoples Bancorp of North Carolina declared a cash dividend of $0.17 per share for Q4 2021.

When will PEBK's Q4 2021 dividend be paid?

The Q4 2021 dividend will be paid on December 15, 2021.

What is the record date for PEBK's Q4 2021 dividend?

The record date for the Q4 2021 dividend is December 3, 2021.

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

Shareholders can contact Krissy Price at 828-464-5620 or email shareholder@broadridge.com for details on the Dividend Reinvestment and Stock Purchase Plan.

Peoples Bancorp of North Carol

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