Premier Financial Bancorp, Inc. Announces Third Quarter Dividend

Rhea-AI Summary

Premier Financial Bancorp has declared a cash dividend of $0.15 per share for the third quarter of 2020. The dividend is set to be paid on September 30, 2020, to shareholders on record as of September 15, 2020. This decision reflects the company's ongoing commitment to provide shareholder returns amidst broader economic uncertainties.

Positive

• Declared a cash dividend of $0.15 per share, signaling financial stability.
• Dividend payment reflects the company's commitment to returning income to shareholders.

Negative

• None.

HUNTINGTON, W.Va., Aug. 21, 2020 /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 third quarter cash dividend of $0.15 per share on its common stock.  At its regularly scheduled August meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on September 15, 2020.  The cash dividend will be paid to shareholders on September 30, 2020.

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-third-quarter-dividend-301116300.html

SOURCE Premier Financial Bancorp, Inc.

FAQ

What is the dividend amount announced by Premier Financial Bancorp?

Premier Financial Bancorp announced a cash dividend of $0.15 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 30, 2020.

When is the record date for the dividend?

The record date for the dividend is September 15, 2020.

What are the risks associated with the forward-looking statements in the PR?

The PR mentions risks related to economic conditions and changes in business strategies that could impact future performance.