Peoples Bancorp Inc. Declares Quarterly Dividend

Rhea-AI Summary

Peoples Bancorp Inc. (NASDAQ: PEBO) announced a quarterly cash dividend of $0.36 per share, totaling approximately $7.1 million. This dividend will be paid on May 17, 2021, to shareholders of record as of May 3, 2021. Based on a closing stock price of $33.95 on April 16, 2021, this represents an annualized yield of 4.24%. As of March 31, 2021, Peoples reported total assets of $5.1 billion and operates 87 locations across Ohio, West Virginia, and Kentucky.

Positive

• Quarterly dividend of $0.36 per share, totaling $7.1 million for shareholders.
• Annualized yield of 4.24% based on recent stock price.
• Strong financial position with total assets of $5.1 billion as of March 31, 2021.

Negative

• None.

MARIETTA, Ohio, April 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 April 19, 2021, payable on May 17, 2021, to shareholders of record on May 3, 2021.

This dividend represents a payout of approximately $7.1 million.  Based on the closing stock price of Peoples' common shares of $33.95 on April 16, 2021, the quarterly dividend produces an annualized yield of 4.24%.

Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) 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 March 31, 2021, Peoples had $5.1 billion in total assets, 87 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.

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SOURCE Peoples Bancorp Inc.

FAQ

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

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

When is the dividend payment date for Peoples Bancorp Inc.?

The dividend payment date is May 17, 2021.

What is the annualized yield for the dividend based on the recent stock price of Peoples Bancorp?

The annualized yield is 4.24% based on a closing stock price of $33.95.

How much is the total payout for the dividend by Peoples Bancorp Inc.?

The total payout for the dividend is approximately $7.1 million.

What is the record date for shareholders to receive the dividend from Peoples Bancorp Inc.?

The record date for shareholders to receive the dividend is May 3, 2021.