Peoples Ltd. Declares Third Quarter Dividend

Rhea-AI Summary

Peoples Ltd. (OTC: PPLL) announced a third quarter cash dividend of $0.58 per share, marking a 5.1% increase from the previous year. This dividend is payable on September 30, 2022, to shareholders of record as of September 12, 2022. The announcement was made during the Board of Directors meeting on August 24, 2022. The company emphasizes its commitment to returning value to shareholders through consistent dividend increases.

Positive

• Third quarter dividend of $0.58 per share.
• 5.1% increase over the previous year's dividend.
• Demonstrates company's commitment to shareholder value.

Negative

• None.

WYALUSING, Pa., Aug. 25, 2022 /PRNewswire/ -- Peoples Ltd. (OTC: PPLL)  Anthony J. Gabello, President and Chief Executive Officer of Peoples Ltd., has announced that the Board of Directors has declared a third quarter cash dividend in the amount of $0.58 per share payable on September 30, 2022.  The cash dividend represents a 5.1% increase over the cash dividend paid in the third quarter 2021.

The declaration of dividend, made at the regular meeting of the Board of Directors on August 24, 2022, is payable to shareholders of record September 12, 2022. 

Note:  This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  Actual results and trends could differ materially from those set forth in such statements due to various factors.  These factors include operating, legal and regulatory risks; changing economic and competitive conditions and other risks and uncertainties.

Peoples Ltd. is the holding company for PS Bank.  PS Bank is an independent community bank established in 1914 with locations throughout Bradford, Sullivan, Wyoming, Lackawanna, and Susquehanna counties.  Learn more about PS Bank at PSBanking.com.

 

 

 

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SOURCE Peoples Ltd.

FAQ

What is the dividend amount declared by Peoples Ltd. (PPLL) for Q3 2022?

The dividend amount declared by Peoples Ltd. (PPLL) for Q3 2022 is $0.58 per share.

When is the dividend payable for the third quarter of 2022?

The dividend is payable on September 30, 2022.

What is the record date for the dividend payment of Peoples Ltd. (PPLL)?

The record date for the dividend payment is September 12, 2022.

How much has the dividend increased compared to last year?

The dividend has increased by 5.1% compared to last year.