Peoples Bancorp Inc. Declares Quarterly Dividend

Rhea-AI Summary

On July 19, 2021, the Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) declared a quarterly cash dividend of $0.36 per common share, totaling approximately $7.1 million. This dividend will be payable on August 16, 2021, to shareholders of record on August 2, 2021. With a closing stock price of $28.69 on July 16, 2021, the annualized yield is 5.02%. Peoples Bancorp, headquartered in Marietta, Ohio, has total assets of $5.1 billion as of June 30, 2021, and operates 89 locations across Ohio, West Virginia, and Kentucky.

Positive

• Declaration of a quarterly dividend of $0.36 per share, reflecting company confidence.
• Annualized yield of 5.02% on the dividend based on stock price.

Negative

• None.

MARIETTA, Ohio, July 20, 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 July 19, 2021, payable on August 16, 2021, to shareholders of record on August 2, 2021.

This dividend represents a payout of approximately $7.1 million.  Based on the closing stock price of Peoples' common shares of $28.69 on July 16, 2021, the quarterly dividend produces an annualized yield of 5.02%.

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 and has an established heritage of financial stability, growth and community impact. As of June 30, 2021, Peoples had $5.1 billion in total assets, 89 locations, including 76 full-service bank branches in Ohio, West Virginia and Kentucky.

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.

 

View original content:https://www.prnewswire.com/news-releases/peoples-bancorp-inc-declares-quarterly-dividend-301336857.html

SOURCE Peoples Bancorp Inc.

FAQ

What is the dividend amount declared by Peoples Bancorp Inc. on July 19, 2021?

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

When will the dividend be paid to shareholders?

The dividend will be payable on August 16, 2021.

What is the annualized dividend yield based on the recent dividend?

The annualized yield is 5.02% based on the closing stock price of $28.69.

What is the total amount of the declared dividend?

The total amount of the declared dividend is approximately $7.1 million.

Who qualifies for the dividend payment?

Shareholders of record on August 2, 2021, qualify for the dividend payment.