Premier Financial Bancorp, Inc. Announces First Quarter Dividend

Rhea-AI Summary

PRESIDENTIAL FINANCIAL BANCORP announced a $0.15 per share cash dividend for Q1 2021, payable on March 31, 2021. Shareholders of record by March 15, 2021 will benefit from this distribution. The company, valued at $1.9 billion, emphasizes that its forward-looking statements may be affected by various risks and uncertainties, potentially causing actual results to differ significantly from expectations. Investors are advised to consider these factors when assessing the dividend announcement.

Positive

• Declaration of a cash dividend of $0.15 per share.
• Dividend payment enhances shareholder returns and confidence.

Negative

• None.

HUNTINGTON, W.Va., Feb. 24, 2021 /PRNewswire/ -- PREMIER FINANCIAL BANCORP, INC. (PREMIER) (NASDAQ/GMS: PFBI) a $1.9 billion financial holding company with two community bank subsidiaries announced today that it will pay a first quarter cash dividend of $0.15 per share on its common stock.  At its regularly scheduled February meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on March 15, 2021. The cash dividend will be paid to shareholders on March 31, 2021.

Certain Statements contained in this news release, including without limitation, statements including the word "believes," "anticipates," "intends," "expects" or words of similar import, constitute "forward-looking statements" within the meaning of section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").  Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Premier to be materially different from any future results, performance or achievements of Premier expressed or implied by such forward-looking statements.  Such factors include, among others, general economic and business conditions, changes in business strategy or development plans and other factors referenced in this press release.  Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.  Premier disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

View original content:http://www.prnewswire.com/news-releases/premier-financial-bancorp-inc-announces-first-quarter-dividend-301234087.html

SOURCE Premier Financial Bancorp, Inc.

FAQ

What is the dividend amount for PFBI in Q1 2021?

The dividend amount for PFBI in Q1 2021 is $0.15 per share.

When will the dividend for PFBI be paid?

The dividend for PFBI will be paid on March 31, 2021.

What is the record date for PFBI's dividend?

The record date for PFBI's dividend is March 15, 2021.

How can I invest in PFBI to receive the dividend?

Investors must purchase PFBI shares before March 15, 2021, to be eligible for the dividend.

What should investors consider about PFBI's forward-looking statements?

Investors should be aware that forward-looking statements may involve risks and uncertainties that could affect actual results.