Peoples Bancorp Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) declared a quarterly cash dividend of $0.36 per common share on October 25, 2021, payable on November 22, 2021, to shareholders of record on November 8, 2021. This dividend totals approximately $10.2 million and provides an annualized yield of 4.36% based on the closing stock price of $33.02 on October 22, 2021. Peoples Bancorp, with $7.1 billion in total assets as of September 30, 2021, operates 135 locations across six states, aiming to be the Best Community Bank in America.

Positive

• Quarterly dividend of $0.36 enhances shareholder income.
• Annualized yield of 4.36% reflects strong return for investors.
• Total assets of $7.1 billion demonstrate solid financial standing.

Negative

• None.

MARIETTA, Ohio, Oct. 26, 2021 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of $0.36 per common share on October 25, 2021, payable on November 22, 2021, to shareholders of record on November 8, 2021.

This dividend represents a payout of approximately $10.2 million.  Based on the closing stock price of Peoples' common shares of $33.02 on October 22, 2021, the quarterly dividend produces an annualized yield of 4.36%.

Peoples is a diversified financial services holding company that makes available a complete line of banking, trust and investment, insurance, premium financing and equipment leasing solutions through its subsidiaries. Peoples has been headquartered in Marietta, Ohio since 1902.  Peoples had $7.1 billion in total assets as of September 30, 2021, and 135 locations, including 120 full-service bank branches in Ohio, West Virginia, Kentucky, Virginia, Washington D.C. and Maryland.  Peoples' vision is to be the Best Community Bank in America and is one of only sixteen banks nationwide to be recognized by Forbes in 2021 as a Best-In-State Bank in more than one state.

Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies.  Peoples offers services through Peoples Bank (which includes the divisions of Peoples Investment Services, Peoples Premium Finance and North Star Leasing) and Peoples Insurance Agency, LLC.

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SOURCE Peoples Bancorp Inc.

FAQ

What is the quarterly dividend declared by PEBO?

Peoples Bancorp Inc. declared a quarterly cash dividend of $0.36 per common share.

When will the dividend for PEBO be paid?

The dividend will be payable on November 22, 2021.

What is the annualized yield of the latest dividend for PEBO?

The annualized yield is 4.36% based on the stock's closing price of $33.02 on October 22, 2021.

What is the total dividend payout amount for PEBO?

The total dividend payout is approximately $10.2 million.