Peoples Bancorp Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Peoples Bancorp declared a quarterly cash dividend of $0.34 per common share on July 20, 2020, payable on August 17, 2020. This dividend totals approximately $6.8 million and reflects an annualized yield of 6.76% based on the closing stock price of $20.12 on July 17, 2020. Peoples Bancorp, a diversified financial services holding company founded in 1902 and headquartered in Marietta, Ohio, has total assets of $5.0 billion and operates 89 locations, including 77 full-service bank branches across Ohio, Kentucky, and West Virginia.

Positive

• Declared a quarterly cash dividend of $0.34 per share, providing income to shareholders.
• Annualized yield of 6.76% based on recent stock price, indicating strong return potential.

Negative

• None.

MARIETTA, Ohio, July 21, 2020 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of $0.34 per common share on July 20, 2020, payable on August 17, 2020, to shareholders of record on August 3, 2020.

This dividend represents a payout of approximately $6.8 million.  Based on the closing stock price of Peoples' common shares of $20.12 on July 17, 2020, the quarterly dividend produces an annualized yield of 6.76%.

Peoples Bancorp Inc. ("Peoples", Nasdaq: PEBO) is a diversified financial services holding company and makes available a complete line of banking, trust and investment, insurance and premium financing solutions through its subsidiaries. Headquartered in Marietta, Ohio since 1902, Peoples has established a heritage of financial stability, growth and community impact. Peoples has $5.0 billion in total assets and 89 locations, including 77 full-service bank branches in Ohio, Kentucky and West Virginia.  Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies.

 

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SOURCE Peoples Bancorp Inc.

FAQ

When will the next dividend for PEBO be paid?

The next dividend for Peoples Bancorp (PEBO) will be paid on August 17, 2020.

What is the amount of the quarterly dividend declared by Peoples Bancorp?

Peoples Bancorp has declared a quarterly dividend of $0.34 per common share.

What is the annualized yield of the dividend for PEBO?

The annualized yield of the dividend for Peoples Bancorp is 6.76% based on the stock price of $20.12.

How much is the total dividend payout for the current period?

The total dividend payout for the current period is approximately $6.8 million.