PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Peoples Bancorp Inc. declares quarterly dividend of $0.39 per common share

Positive

• Peoples Bancorp Inc. declared a quarterly cash dividend of $0.39 per common share. The dividend represents a payout of approximately $13.8 million and produces an annualized yield of 6.11%.

Negative

• None.

MARIETTA, Ohio, Oct. 24, 2023 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of $0.39 per common share on October 23, 2023, payable on November 20, 2023, to shareholders of record on November 6, 2023.

This dividend represents a payout of approximately $13.8 million. Based on the closing stock price of Peoples' common shares of $25.55 on October 20, 2023, the quarterly dividend produces an annualized yield of 6.11%.

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 $8.9 billion in total assets as of September 30, 2023, and 149 locations, including 132 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.

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), Peoples Insurance Agency, LLC and Vantage Financial, LLC.

View original content:https://www.prnewswire.com/news-releases/peoples-bancorp-inc-declares-quarterly-dividend-301965014.html

SOURCE Peoples Bancorp Inc.

FAQ

What is the dividend declared by Peoples Bancorp Inc.?

Peoples Bancorp Inc. declared a quarterly cash dividend of $0.39 per common share.

What is the payout of the dividend?

The dividend represents a payout of approximately $13.8 million.

What is the annualized yield of the dividend?

The quarterly dividend produces an annualized yield of 6.11%.

Where is Peoples Bancorp Inc. headquartered?

Peoples Bancorp Inc. has been headquartered in Marietta, Ohio since 1902.

How many bank branches does Peoples Bancorp Inc. have?

Peoples Bancorp Inc. has 132 full-service bank branches in Ohio, West Virginia, Kentucky, Virginia, Washington D.C., and Maryland.

What is the vision of Peoples Bancorp Inc.?

Peoples' vision is to be the Best Community Bank in America.