STOCK TITAN

Peoples Bancorp Announces Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Peoples Bancorp of North Carolina (Nasdaq: PEBK) declared a cash dividend of $0.18 per share for Q2 2022, payable on June 15, 2022, to shareholders of record on June 3, 2022. Shareholders are encouraged to join the Dividend Reinvestment and Stock Purchase Plan. Peoples Bank operates 17 banking offices in North Carolina and offers loan production offices in four counties. The company continues to navigate forward-looking statements, highlighting potential risks and uncertainties in its operations.

Positive
  • Q2 2022 cash dividend of $0.18 per share signals strong shareholder returns.
  • The dividend payment date of June 15, 2022, reflects company confidence in financial stability.
Negative
  • None.

NEWTON, N.C., May 23, 2022 (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 second quarter of 2022 in the amount of $0.18 per share. The second quarter cash dividend will be paid on June 15, 2022 to shareholders of record on June 3, 2022.

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, 2021, 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 PEBK for Q2 2022?

Peoples Bancorp of North Carolina declared a dividend of $0.18 per share for Q2 2022.

When will the PEBK dividend be paid?

The dividend will be paid on June 15, 2022.

What is the record date for the PEBK dividend?

The record date for the dividend is June 3, 2022.

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

Shareholders can contact Krissy Price at 828-464-5620 for details on the plan.

Peoples Bancorp of North Carol

NASDAQ:PEBK

PEBK Rankings

PEBK Latest News

PEBK Stock Data

155.84M
4.36M
20.15%
46.44%
1.19%
Banks - Regional
State Commercial Banks
Link
United States of America
NEWTON