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PSB Holdings, Inc. announces semi-annual cash dividend of $0.32 per share

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PSB Holdings (OTCQX: PSBQ) has declared a semi-annual cash dividend of $0.32 per share, payable January 31, 2025, to shareholders of record as of January 10, 2025. This represents a 6.7% increase from the previous year's $0.30 per share dividend. The announcement marks the company's 60-year tradition of cash dividends, including 31 consecutive years of increased dividends. CEO Scott M. Cattanach expressed optimism about the company's improved financial performance since mid-year.

PSB Holdings is the parent company of Peoples State Bank, a community bank headquartered in Wausau, Wisconsin, operating twelve full-service locations across various Wisconsin counties and a loan production office in Dane county.

PSB Holdings (OTCQX: PSBQ) ha dichiarato un dividendo in contante semestrale di $0,32 per azione, pagabile il 31 gennaio 2025, agli azionisti registrati al 10 gennaio 2025. Questo rappresenta un aumento del 6,7% rispetto al dividendo dell'anno precedente di $0,30 per azione. L'annuncio segna la tradizione della società di 60 anni di dividendi in contante, inclusi 31 anni consecutivi di aumenti dei dividendi. Il CEO Scott M. Cattanach ha espresso ottimismo riguardo al miglioramento delle performance finanziarie dell'azienda dalla metà dell'anno.

PSB Holdings è la società madre di Peoples State Bank, una banca comunitaria con sede a Wausau, Wisconsin, che opera in dodici filiali a servizio completo in vari condati del Wisconsin e ha un ufficio di produzione prestiti nel condado di Dane.

PSB Holdings (OTCQX: PSBQ) ha declarado un dividendo en efectivo semestral de $0.32 por acción, que se pagará el 31 de enero de 2025, a los accionistas registrados hasta el 10 de enero de 2025. Esto representa un aumento del 6.7% respecto al dividendo del año anterior de $0.30 por acción. El anuncio marca la tradición de 60 años de la compañía en dividendos en efectivo, incluidos 31 años consecutivos de aumento de dividendos. El CEO Scott M. Cattanach expresó optimismo sobre el mejor desempeño financiero de la compañía desde mediados de año.

PSB Holdings es la empresa matriz de Peoples State Bank, un banco comunitario con sede en Wausau, Wisconsin, que opera doce ubicaciones de servicio completo en varios condados de Wisconsin y una oficina de producción de préstamos en el condado de Dane.

PSB Holdings (OTCQX: PSBQ)는 주당 $0.32의 반기 현금 배당금을 발표했으며, 2025년 1월 31일에 지급되고, 2025년 1월 10일 기준으로 주주에게 지급됩니다. 이는 지난해의 주당 $0.30 배당금에 비해 6.7% 증가한 수치입니다. 이번 발표는 현금 배당금이 60년 동안 이어져온 회사의 전통을 나타내며, 31년 연속 배당금 증가를 포함합니다. CEO인 Scott M. Cattanach는 연중반 이후 회사의 재무 성과가 개선된 것에 대해 낙관적이라고 밝혔습니다.

PSB Holdings는 위스콘신주 와우소에 본사를 둔 지역 은행인 Peoples State Bank의 모회사로, 위스콘신주 여러 군에서 12개의 풀 서비스 지점을 운영하고 있으며, 데인 카운티에 대출 생산 사무실을 두고 있습니다.

PSB Holdings (OTCQX: PSBQ) a déclaré un dividende en espèces semestriel de 0,32 $ par action, payable le 31 janvier 2025, aux actionnaires enregistrés au 10 janvier 2025. Cela représente une augmentation de 6,7% par rapport au dividende de 0,30 $ par action de l'année précédente. L'annonce marque la tradition de 60 ans de l'entreprise en matière de dividendes en espèces, incluant 31 années consécutives d'augmentation des dividendes. Le PDG Scott M. Cattanach a exprimé un optimisme concernant la performance financière améliorée de l'entreprise depuis le milieu de l'année.

PSB Holdings est la société mère de Peoples State Bank, une banque communautaire dont le siège est à Wausau, dans le Wisconsin, et qui opère douze succursales offrant des services complets dans divers comtés du Wisconsin, ainsi qu'un bureau de production de prêts dans le comté de Dane.

PSB Holdings (OTCQX: PSBQ) hat eine halbjährliche Barkreditdividende von 0,32 $ pro Aktie erklärt, die am 31. Januar 2025 an die Aktionäre mit Stichtag 10. Januar 2025 ausgezahlt wird. Dies entspricht einem Anstieg von 6,7% im Vergleich zur Dividende von 0,30 $ pro Aktie des Vorjahres. Die Ankündigung markiert die 60-jährige Tradition des Unternehmens in Bezug auf Barkredite, einschließlich 31 aufeinanderfolgender Jahre mit erhöhten Dividenden. CEO Scott M. Cattanach äußerte optimistische Erwartungen hinsichtlich der verbesserten finanziellen Leistungsfähigkeit des Unternehmens seit Mitte des Jahres.

PSB Holdings ist das Mutterunternehmen der Peoples State Bank, einer Regionalbank mit Hauptsitz in Wausau, Wisconsin, die in zwölf vollwertigen Standorten in verschiedenen Landkreisen von Wisconsin und einem Kreditproduktionsbüro im Dane County tätig ist.

Positive
  • 6.7% increase in semi-annual dividend from $0.30 to $0.32 per share
  • 31 consecutive years of dividend increases
  • Improved financial performance reported since mid-2024
Negative
  • None.

WAUSAU, Wis., Dec. 18, 2024 (GLOBE NEWSWIRE) -- PSB Holdings, Inc. (OTCQX: PSBQ), parent company of Peoples State Bank, is pleased to announce that on December 17, 2024, its Board of Directors declared a regular semi-annual cash dividend of $0.32 per share of the Company’s common stock. The dividend is payable January 31, 2025 to shareholders of record as of January 10, 2025 and represents an increase of 6.7% over the $0.30 per share semi-annual cash dividend declared on December 19, 2023. The current dividend continues a 60-year tradition of cash dividends to PSB shareholders including 31 consecutive years of increased cash dividends declared per share.

PSB President and CEO Scott M. Cattanach said, “We remain optimistic in our improved financial performance since mid-year and are pleased to announce a $0.32 per share semi-annual cash dividend to holders of our common stock. We thank our shareholders for their support and look forward to strong performance in 2025.”

About PSB Holdings, Inc.

PSB Holdings, Inc. is the parent company of Peoples State Bank. Peoples is a community bank headquartered in Wausau, Wisconsin, serving northcentral and southeastern Wisconsin from twelve full-service banking locations in Marathon, Oneida, Vilas, Portage, Milwaukee and Waukesha counties and a loan production office in Dane county. Peoples also provides investment and insurance products, along with retirement planning services, through Peoples Wealth Management, a division of Peoples. PSB Holdings, Inc. is traded under the stock symbol PSBQ on the OTCQX Market. More information about PSB, its management, and its financial performance may be found at www.psbholdingsinc.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations, estimates and projections about PSB’s business based, in part, on assumptions made by management and include, without limitation, statements with respect to the potential growth of PSB, its future profits, expected stock repurchase levels, future dividend rates, future interest rates, and the adequacy of its capital position. Forward-looking statements can be affected by known and unknown risks, uncertainties, and other factors, including, but not limited to, strength of the economy, the effects of government policies, including interest rate policies, risks associated with the execution of PSB’s vision and growth strategy, including with respect to current and future M&A activity, and risks associated with global economic instability relating to the COVID-19 pandemic and its effect on PSB and Peoples, and their customers, and other risks. The forward-looking statements in this press release speak only as of the date on which they are made and PSB does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Investor Relations Contact
PSB Holdings, Inc.
1905 Stewart Avenue
Wausau, WI 54401
888.929.9902
InvestorRelations@bankpeoples.com


FAQ

What is PSB Holdings' (PSBQ) latest dividend amount and payment date?

PSB Holdings declared a semi-annual cash dividend of $0.32 per share, payable on January 31, 2025, to shareholders of record as of January 10, 2025.

How much did PSBQ increase its dividend compared to last year?

PSBQ increased its semi-annual dividend by 6.7%, from $0.30 to $0.32 per share compared to December 2023.

How long has PSB Holdings (PSBQ) been paying dividends?

PSB Holdings has maintained a 60-year tradition of paying cash dividends, including 31 consecutive years of increased cash dividends.

What is the dividend record date for PSBQ's latest dividend?

The dividend record date is January 10, 2025.

How often does PSB Holdings (PSBQ) pay dividends?

PSB Holdings pays dividends semi-annually, twice per year.

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