Peoples Bancorp Inc. Announces New Dividend for Investors
Peoples Bancorp Inc. Declares Quarterly Dividend
Peoples Bancorp Inc. (Nasdaq: PEBO) has announced a substantial quarterly cash dividend of $0.41 per common share. This decision was made during the recent meeting of the Board of Directors, highlighting the company’s ongoing commitment to its shareholders.
Dividend Payout Details
The declared dividend, set to be paid on May 19, 2025, follows the record date of May 5, 2025. With this payout, Peoples Bancorp is distributing approximately $14.6 million to its shareholders, which translates to about 60.1% of its reported earnings for the first quarter of 2025. This substantial dividend showcases the strength and profitability of the organization.
Investment Yield Insights
According to the company's statistics, based on a recent closing stock price of $27.85, the quarterly dividend equates to an impressive annualized yield of 5.89%. This yield represents a significant return for investors, demonstrating that Peoples Bancorp remains a solid choice for those seeking both income and investment stability.
Company Background
Peoples Bancorp Inc. is a well-established diversified financial services holding company. Since its inception in 1902, the firm has been headquartered in Marietta, Ohio. Its extensive offerings encompass a full range of banking services, trust and investment services, insurance, and premium financing solutions through its various subsidiaries. Currently, Peoples Bancorp operates with total assets amounting to $9.2 billion and boasts a significant presence with 147 locations, including 128 full-service bank branches across several states.
Commitment to Community and Stability
As a member of the Russell 3000 index, Peoples Bancorp Inc. illustrates its dedication to financial stability, sustainable growth, and positive community impact. The company has cultivated a rich legacy over the years while maintaining a focus on enhancing the financial well-being of its customers.
Frequently Asked Questions
What is the amount of the declared dividend by Peoples Bancorp Inc.?
The declared quarterly dividend amount is $0.41 per common share.
When will the dividend be paid?
The dividend is set to be paid on May 19, 2025.
What is the annualized yield of the quarterly dividend?
The quarterly dividend yields an annualized return of 5.89% based on recent stock prices.
How long has Peoples Bancorp Inc. been in operation?
Peoples Bancorp Inc. has been operational since 1902, partnering with communities for over a century.
What types of services does Peoples Bancorp Inc. provide?
Peoples Bancorp Inc. offers banking, trust and investment services, insurance, and premium financing solutions.
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