Peoples Bancorp Announces Regular Cash Dividend for Q3 2024
NEWTON, N.C. — The Board of Directors of Peoples Bancorp of North Carolina, Inc. (NASDAQ: PEBK) has officially announced the regular cash dividend for the third quarter of 2024. Shareholders will receive a dividend of $0.19 per share, with payments set to be made in September.
Details of the Dividend Payment
The cash dividend is scheduled for distribution on September 13, 2024, to those shareholders who are recorded as of September 3, 2024. This ongoing dividend payment underscores the Company’s dedication to increasing shareholder value and highlights its strong financial position.
Dividend Reinvestment Plan Information
Shareholders are invited to take part in the Company’s Dividend Reinvestment and Stock Purchase Plan. For more details, please reach out to Krissy Price at (828) 464-5620 or (800) 948-7195. Additionally, inquiries can be directed to the transfer agent, Broadridge Corporate Issuer Solutions, Inc., at shareholder@broadridge.com.
About Peoples Bank
Peoples Bank, a wholly-owned subsidiary of Peoples Bancorp of North Carolina, Inc., operates 16 banking offices located solely in North Carolina. The Bank has branches spread across Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties. It also offers loan production services in Lincoln, Mecklenburg, Rowan, and Forsyth Counties. The Company’s common stock is publicly traded on the Nasdaq Global Market under the ticker symbol “PEBK,” reflecting its active participation in the financial industry.
Leadership Team at Peoples Bancorp
The leadership team at Peoples Bancorp consists of:
Lance A. Sellers, President and Chief Executive Officer
Jeffrey N. Hooper, Executive Vice President and Chief Financial Officer
If you require further information or would like to discuss the Company’s financial performance, please feel free to contact them at 828-464-5620.
Frequently Asked Questions
1. What is the amount of the declared cash dividend for Q3 2024?
The declared cash dividend for the third quarter of 2024 is $0.19 per share.
2. When will the dividend be paid to shareholders?
The dividend will be paid on September 13, 2024, to shareholders of record by September 3, 2024.
3. How can shareholders participate in the Dividend Reinvestment Plan?
Shareholders can get details about the Dividend Reinvestment and Stock Purchase Plan by contacting Krissy Price at (828) 464-5620 or (800) 948-7195.
4. Where does Peoples Bank operate its branches?
Peoples Bank operates 16 banking offices throughout North Carolina in multiple counties, including Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties.
5. What symbol is used for Peoples Bancorp’s stock on the Nasdaq?
The common stock of Peoples Bancorp is traded under the symbol “PEBK” on the Nasdaq Global Market.