Peoples Bancorp Declares First Quarter Cash Dividend for 2025

Author: Dylan Bailey Updated: 02-21-2025 11:45 AM

Peoples Bancorp Announces Its First Quarter Cash Dividend

Peoples Bancorp of North Carolina, Inc. recently approved its regular cash dividend for the first quarter of 2025, amounting to $0.20 per share. This decision by the Board of Directors signifies ongoing financial health and commitment to rewarding shareholders. The dividend is scheduled to be distributed on March 14, 2025, for those who hold shares as of March 3, 2025.

How to Participate in the Dividend Reinvestment Plan

Shareholders have an exciting opportunity to enhance their investment through the Company’s Dividend Reinvestment and Stock Purchase Plan. Enrolling in this plan allows shareholders to reinvest their dividends into additional shares, potentially increasing their overall holdings. For more information, interested parties can reach out to Krissy Price at 828-464-5620 or 800-948-7195. Alternatively, inquiries can be directed to the Company’s transfer agent, Broadridge Corporate Issuer Solutions, Inc. via email.

Understanding Peoples Bank’s Position

Peoples Bank, as the primary banking entity under Peoples Bancorp, operates a robust network of 16 banking offices across North Carolina. This banking presence extends to various counties, including Catawba, Alexander, and Mecklenburg, alongside loan production offices in additional locations like Rowan and Forsyth Counties. The Company’s common stock is actively traded on the Nasdaq Global Market with the ticker symbol PEBK, providing investors a clear avenue for investment.

Examining Financial Health and Future Prospects

The declaration of this dividend reflects the Company’s solid financial standing and its dedication to providing value to its shareholders. Despite various market challenges, Peoples Bancorp has remained resilient, continually adapting and growing within the highly competitive banking sector. These qualities make it appealing for both new investors and existing shareholders to consider their options moving forward.

Contact Information for Further Queries

For those seeking additional insights or assistance regarding shareholder matters, the official contacts for Peoples Bancorp’s leadership are essential. William D. Cable, Sr., serves as the President and Chief Executive Officer, while Jeffrey N. Hooper holds the position of Executive Vice President and Chief Financial Officer. Both leaders are reachable through the main office phone number, which is 828-464-5620.

Frequently Asked Questions

What is the amount of the cash dividend announced by Peoples Bancorp?

The cash dividend declared for the first quarter of 2025 is $0.20 per share.

When will the cash dividend be paid?

The dividend is scheduled to be paid on March 14, 2025, to shareholders who own shares as of March 3, 2025.

Are there opportunities for shareholders to reinvest their dividends?

Yes, shareholders can enroll in the Dividend Reinvestment and Stock Purchase Plan to reinvest their dividends into additional shares.

How can shareholders contact the Company for more information?

Shareholders can contact Krissy Price at 828-464-5620 or 800-948-7195 for inquiries regarding the dividend and investment options.

Where is Peoples Bank located?

Peoples Bank operates 16 banking offices entirely in North Carolina, serving various counties including Catawba and Mecklenburg.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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