PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

On April 25, 2022, Peoples Bancorp Inc. (PEBO) announced a quarterly cash dividend of $0.38 per share, payable on May 23, 2022, with a record date of May 9, 2022. This dividend totals approximately $10.8 million and yields an annualized 5.00% based on a closing share price of $30.39.

As of March 31, 2022, Peoples held $7.2 billion in total assets and operated 136 locations across various states. The company aims to be recognized as the Best Community Bank in America.

Positive

• Quarterly cash dividend of $0.38 per share, providing immediate income for shareholders.
• Annualized yield of 5.00%, which is attractive for investors.

Negative

• None.

MARIETTA, Ohio, April 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 April 25, 2022, payable on May 23, 2022, to shareholders of record on May 9, 2022.

This dividend represents a payout of approximately $10.8 million.  Based on the closing stock price of Peoples' common shares of $30.39 on April 22, 2022, the quarterly dividend produces an annualized yield of 5.00%.

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 $7.2 billion in total assets as of March 31, 2022, and 136 locations, including 119 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), Peoples Insurance Agency, LLC and Vantage Financial.

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SOURCE Peoples Bancorp Inc.

FAQ

What is the dividend amount declared by Peoples Bancorp Inc. (PEBO) for April 2022?

Peoples Bancorp Inc. declared a dividend of $0.38 per share.

When is the dividend payable to shareholders of PEBO?

The dividend is payable on May 23, 2022.

What is the record date for the PEBO dividend?

The record date for the dividend is May 9, 2022.

How much is the total amount of the dividend declared by Peoples Bancorp Inc.?

The total amount of the dividend declared is approximately $10.8 million.

What is the annualized yield of the dividend for PEBO?

The annualized yield of the dividend is 5.00%.