Premier Financial Bancorp, Inc. Announces Third Quarter Dividend

Rhea-AI Summary

Premier Financial Bancorp, a financial holding company with $2.1 billion in assets, has announced a third-quarter cash dividend of $0.15 per share. The board of directors declared this dividend during their August meeting, and it will be distributed to common shareholders on September 15, 2021, for those on record as of September 1, 2021.

Positive

• Third-quarter cash dividend of $0.15 per share declared.
• Dividend payment date set for September 15, 2021.

Negative

• No significant financial metrics or risks associated with the dividend announcement.

HUNTINGTON, W.Va., Aug. 20, 2021 /PRNewswire/ -- PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI) a $2.1 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 1, 2021.  The cash dividend will be paid to shareholders on September 15, 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:https://www.prnewswire.com/news-releases/premier-financial-bancorp-inc-announces-third-quarter-dividend-301359292.html

SOURCE Premier Financial Bancorp, Inc.

FAQ

What is the dividend amount for PFBI in Q3 2021?

The dividend amount is $0.15 per share.

When will the PFBI dividend be paid?

The dividend will be paid on September 15, 2021.

What is the record date for the PFBI dividend?

The record date for the dividend is September 1, 2021.

How often does PFBI pay dividends?

PFBI typically pays dividends quarterly.

Is the PFBI dividend sustainable?

The press release does not provide specific information on the sustainability of the dividend.