Civista Bancshares Announces Consistent Quarterly Dividend

Author: Olivia Taylor Updated: 04-16-2025 04:54 PM

Civista Bancshares Approves Quarterly Dividend

Civista Bancshares, Inc. (NASDAQ: CIVB) recently announced that its Board of Directors has approved a quarterly dividend of 17 cents per common share. This decision reflects the company's commitment to return value to its shareholders, maintaining the same dividend amount as the previous quarter. The upcoming dividend will be allocated to shareholders recorded by a specific date, ensuring transparency and trust within the investor community.

Financial Impact of the Dividend

This latest dividend translates to a payout of approximately $2.7 million, demonstrating Civista's robust financial health. With a closing stock price of $19.54, the average yield derived from the quarterly dividend stands at an annualized rate of 3.38%. This statistic provides potential and current investors insight into the company's ongoing ability to generate returns against a background of solid economic performance.

About Civista Bancshares, Inc.

Civista Bancshares is strategically positioned as a financial holding company, boasting a substantial asset base of $4.1 billion. Established in 1884, its main subsidiary, Civista Bank, has since evolved and now offers a comprehensive suite of services including full-service banking, commercial lending, mortgage, and wealth management. Currently, Civista Bank operates through 42 locations, enhancing its accessibility to both businesses and individual clients.

Service Offerings and Areas of Expertise

Civista not only excels in traditional banking but also provides specialized services through its division, Civista Leasing & Finance, which facilitates commercial equipment leasing for organizations across the United States. This diversification allows Civista Bancshares to cater to a broader audience and meet varying financial needs effectively.

Conclusion

With a balanced approach to financial stability, Civista continues to achieve notable success through its strategic initiatives and commitment to shareholder value. As the company moves forward, maintaining its annual dividend speaks volumes about its dedication to fostering confidence among its stakeholders.

Frequently Asked Questions

What dividend amount has Civista Bancshares declared?

Civista Bancshares has declared a quarterly dividend of 17 cents per common share.

What is the annualized yield of the dividend?

The quarterly dividend produces an annualized yield of 3.38% based on the recent closing stock price.

When will the dividend be paid out?

The dividend is scheduled to be paid to eligible shareholders on May 13 of this year.

What services does Civista Bancshares offer?

Civista Bancshares offers a wide range of services including full-service banking, commercial lending, mortgage services, and wealth management.

When was Civista Bank founded?

Civista Bank was founded in 1884, making it a long-standing institution with a deep-rooted history in financial services.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.