Civista Bancshares Announces Latest Quarterly Dividend
Civista Bancshares, Inc. (NASDAQ: CIVB) is thrilled to share that its Board of Directors has declared a quarterly dividend of 17 cents per common share. This amount remains unchanged from the previous quarter, showcasing the company's commitment to providing value to its shareholders.
Dividend Details
The dividend is set for shareholders who are recorded by a specified date, with payments scheduled shortly thereafter. This payout totals approximately $3.3 million and reflects Civista's robust financial standing. Based on the recent closing stock price of $23.20, the dividend yields an impressive 2.89% on an annualized basis.
About Civista Bancshares, Inc.
Civista Bancshares, Inc. stands as a $4.1 billion financial holding company rooted in solid banking traditions. Founded in 1884, its primary subsidiary, Civista Bank, provides an array of services including full-service banking, commercial lending, mortgage, and wealth management services. Presently, the bank operates a network of 42 locations in various regions. Additionally, Civista Leasing & Finance, a division of Civista Bank, specializes in offering commercial equipment leasing solutions for a diverse range of businesses throughout the country.
Commitment to Stakeholders
This announcement underlines Civista's unwavering dedication towards enhancing shareholder value while ensuring sustainable growth. Civista Bancshares continues to prioritize transparency and operational excellence in delivering high-quality financial services across its markets.
Frequently Asked Questions
What is the declared dividend per share by Civista Bancshares?
Civista Bancshares has declared a dividend of 17 cents per common share.
When will the dividend be paid?
The dividend will be paid to shareholders on a specified date following the recording date.
What is the annualized yield of the dividend?
The quarterly dividend yields approximately 2.89% on an annualized basis based on current stock prices.
How many locations does Civista Bank operate?
Civista Bank operates 42 locations across several regions.
What services does Civista Bank offer?
Civista Bank provides full-service banking, commercial lending, mortgage services, and wealth management.