PSB HOLDING CORP. DECLARES ANNUAL DIVIDEND OF $0.20 PER SHARE

Rhea-AI Summary

PSB Holding Corp. (OTCQX: PSBP) has declared an annual common stock dividend of $0.20 per share. This dividend is payable on December 1, 2022, to shareholders of record on November 14, 2022. The declaration reflects the company's ongoing commitment to return value to its shareholders. PSB Holding is the parent company of Provident State Bank, a financial institution serving Maryland's eastern shore since 1904, with multiple locations across the region.

Positive

• Declared an annual dividend of $0.20 per share, demonstrating commitment to shareholder returns.

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• None.

PRESTON, Md., Oct. 27, 2022 /PRNewswire/ -- PSB Holding Corp. (OTCQX: PSBP), parent company of Provident State Bank, Inc., announced the board of directors declared an annual common stock dividend of $0.20 per share payable on December 1, 2022 to shareholders of record on November 14, 2022.

About PSB Holding, Corp. / Provident State Bank, Inc.

PSB Holding Corp. is the holding company of Provident State Bank, Inc., a full service financial institution serving the eastern shore of Maryland since 1904. Provident State Bank, Inc. has ten locations in Preston, Federalsburg, Ridgely, Denton, Easton-Elliot Road, Easton-Harrison Street, Secretary, Cambridge, Salisbury and Lewes, DE. For more information on PSB Holding Corp. and Provident State Bank, Inc., visit www.providentstatebank.com.

Forward-Looking Statements

Forward-looking statements relating to PSB Holding Corp. and its subsidiary, Provident State Bank, Inc. may include plans, strategies, objectives, expectations, intentions and adequacy of resources. All statements other than statements of historical fact, including, without limitation, statements regarding business strategy, future events, activities, performance, and plans and objectives for future operations, are forward-looking statements. Therefore, the illustrative value of forward-looking statements made in or pursuant to this press release should not, under any circumstances, be considered a guaranty or promise that such future events, activities, occurrences or performances will take place.

 

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SOURCE PSB Holding Corp.

FAQ

What is the dividend amount declared by PSB Holding Corp?

PSB Holding Corp. declared an annual dividend of $0.20 per share.

When is the dividend payment date for PSBP?

The dividend payment date is December 1, 2022.

Who are eligible shareholders for PSB Holding's dividend?

Shareholders of record as of November 14, 2022, are eligible for the dividend.

How often does PSB Holding Corp pay dividends?

PSB Holding Corp. pays dividends annually.