PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

The Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) declared a quarterly cash dividend of $0.38 per common share on October 24, 2022. This payout, amounting to approximately $10.7 million, is scheduled for payment on November 21, 2022, to shareholders of record on November 7, 2022. Based on the closing stock price of $29.60 on October 20, 2022, the dividend yields 5.14%. Peoples, headquartered in Marietta, Ohio, has total assets of $7.0 billion as of September 30, 2022, with 130 locations across several states.

Positive

• Quarterly dividend of $0.38 offers a 5.14% annualized yield for shareholders.
• Dividend payout totals approximately $10.7 million, indicating robust financial health.

Negative

• None.

MARIETTA, Ohio, Oct. 25, 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 October 24, 2022, payable on November 21, 2022, to shareholders of record on November 7, 2022.

This dividend represents a payout of approximately $10.7 million.  Based on the closing stock price of Peoples' common shares of $29.60 on October 20, 2022, the quarterly dividend produces an annualized yield of 5.14%.

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 $7.0 billion in total assets as of September 30, 2022, and 130 locations, including 113 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-301657886.html

SOURCE Peoples Bancorp Inc.

FAQ

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

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

When will the dividend be paid to shareholders of Peoples Bancorp Inc. (PEBO)?

The dividend will be paid on November 21, 2022.

What is the annualized yield of the dividend from Peoples Bancorp Inc. (PEBO)?

The annualized yield of the dividend is 5.14%, based on a closing stock price of $29.60.

What are the record and payment dates for the dividend from Peoples Bancorp Inc. (PEBO)?

Shareholders of record will be on November 7, 2022, and the payment date is November 21, 2022.