PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Peoples Bancorp Inc. (Nasdaq: PEBO) announced a quarterly cash dividend of $0.38 per share on July 25, 2022, to be paid on August 22, 2022, to shareholders of record as of August 8, 2022. This payout totals approximately $10.8 million and offers an annualized yield of 5.44%, based on a closing stock price of $27.92. As of June 30, 2022, Peoples reported total assets of $7.3 billion and operates 136 locations across multiple states, aiming to be the Best Community Bank in America.

Positive

• Declared a quarterly cash dividend of $0.38 per share.
• Annualized yield of 5.44% based on the closing price.
• Total assets reported at $7.3 billion as of June 30, 2022.

Negative

• None.

MARIETTA, Ohio, July 26, 2022 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of $0.38 per common share on July 25, 2022, payable on August 22, 2022, to shareholders of record on August 8, 2022.

This dividend represents a payout of approximately $10.8 million.  Based on the closing stock price of Peoples' common shares of $27.92 on July 22, 2022, the quarterly dividend produces an annualized yield of 5.44%.

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 $7.3 billion in total assets as of June 30, 2022, and 136 locations, including 117 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.

View original content:https://www.prnewswire.com/news-releases/peoples-bancorp-inc-declares-quarterly-dividend-301592941.html

SOURCE Peoples Bancorp Inc.

FAQ

What is the dividend amount declared by Peoples Bancorp Inc.?

The declared dividend amount is $0.38 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on August 22, 2022.

What is the record date for the dividend?

The record date for the dividend is August 8, 2022.

What is the annualized yield of the dividend?

The annualized yield of the dividend is 5.44%.