ACNB Corporation Unveils Generous Quarterly Dividend Increase
ACNB Corporation Declares Quarterly Dividend
ACNB Corporation, a prominent financial holding company, has recently announced an approved quarterly cash dividend of $0.32 per share for its shareholders. This decision, made by the Board of Directors, showcases the company's dedication to its investors and its ongoing financial stability.
Details of the Dividend Announcement
The dividend is scheduled to be paid on December 13 to shareholders recorded as of November 29. Reflecting a 6.7% increase from the previous quarter's dividend of $0.30 per share, this announcement is a testament to ACNB's solid financial performance in recent months. With approximately $2.7 million allocated for this quarter's dividend payments, the company is committed to rewarding its shareholders effectively.
About ACNB Corporation
ACNB Corporation serves as the financial umbrella for ACNB Bank and ACNB Insurance Services, Inc. Established in 1857 and headquartered in Gettysburg, Pennsylvania, ACNB Corporation has steadily built its presence in the financial sector. Today, it manages a robust $2.4 billion in assets and operates a network of community banking offices across multiple counties.
Business Operations and Offerings
ACNB Bank provides an array of banking and wealth management services. Through its 27 community banking offices and two loan offices, it supports customers in various Pennsylvania and Maryland counties. These services include retail brokerage and trust guidance, catering to both individual and business customers.
ACNB Insurance Services
In addition to banking, ACNB boasts a comprehensive insurance division through ACNB Insurance Services, Inc., which is licensed in 46 states. This division offers a diverse range of insurance products, covering property, casualty, health, life, and disability, ensuring clients' varied needs are met.
Financial Health and Future Outlook
The growth reflected by the recent dividend increase signifies positive momentum for ACNB. The company has demonstrated resilience in the face of economic fluctuations, thanks to its strategic planning and effective management of resources. These qualities position ACNB Corporation favorably for future growth, while also safeguarding shareholder interests.
Contact Information
For further inquiries or additional information regarding ACNB Corporation, interested parties can reach out to Kevin J. Hayes, Senior Vice President and General Counsel, at 717.339.5161 or via email at khayes@acnb.com.
Frequently Asked Questions
What is the amount of the dividend declared by ACNB Corporation?
The Board of Directors declared a quarterly cash dividend of $0.32 per share.
When will the dividend be paid?
The dividend is scheduled to be paid on December 13 to shareholders of record as of November 29.
How much has the dividend increased compared to last quarter?
The dividend has increased by 6.7% from the previous amount of $0.30 per share.
Who can I contact for more information about ACNB Corporation?
Kevin J. Hayes is the contact person for inquiries, reachable at 717.339.5161 or khayes@acnb.com.
What services does ACNB Corporation provide?
ACNB Corporation offers banking, wealth management, and insurance services through its subsidiaries, catering to personal and commercial clients.
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