Premier Financial Bancorp, Inc. Announces Second Quarter Dividend

Rhea-AI Summary

Premier Financial Bancorp (PFBI), a $2.0 billion financial holding company, has declared a cash dividend of $0.15 per share for the second quarter of 2021. The dividend will be paid to shareholders on June 30, 2021, to those on record by June 15, 2021. The company's ongoing commitment to returning value to shareholders is highlighted in this announcement.

Positive

• Declaration of a $0.15 cash dividend per share for Q2 2021.
• Demonstrates commitment to returning value to shareholders.

Negative

• None.

HUNTINGTON, W.Va., May 21, 2021 /PRNewswire/ -- PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI) a $2.0 billion financial holding company with two community bank subsidiaries announced today that it will pay a second quarter cash dividend of $0.15 per share on its common stock.  At its regularly scheduled May meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on June 15, 2021.  The cash dividend will be paid to shareholders on June 30, 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.

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SOURCE Premier Financial Bancorp, Inc.

FAQ

What is the dividend amount announced by Premier Financial Bancorp (PFBI)?

PFBI announced a cash dividend of $0.15 per share for the second quarter of 2021.

When will Premier Financial Bancorp (PFBI) pay its second quarter dividend?

The dividend will be paid on June 30, 2021.

What is the record date for the PFBI dividend?

The record date for the dividend is June 15, 2021.

What does the dividend announcement indicate about PFBI's performance?

The dividend announcement indicates that PFBI is committed to returning value to its shareholders.