Peoples Bancorp Declares Q4 Cash Dividend with Details
Peoples Bancorp Declares Cash Dividend for Fourth Quarter
The Board of Directors of Peoples Bancorp of North Carolina, Inc. recently announced a regular cash dividend of $0.19 per share for the fourth quarter. This payout is aimed at rewarding their shareholders and reflects the company’s robust performance.
Key Dividend Payment Dates
The cash dividend will be paid on December 13 to all shareholders who hold shares as of the record date, December 3. This timing allows the company to distribute earnings back to shareholders efficiently.
Encouragement for Dividend Reinvestment
In addition to the dividend, Peoples Bancorp encourages shareholders to consider enrolling in the Dividend Reinvestment and Stock Purchase Plan. This initiative allows investors to reinvest their dividends into additional shares, potentially increasing their investment over time.
Contact Information for Shareholders
Shareholders interested in more information about the Dividend Reinvestment Plan can reach out to Krissy Price at (828) 464-5620 or (800) 948-7195. Additionally, inquiries can be directed to the company’s transfer agent at shareholder@broadridge.com.
Overview of Peoples Bank's Operations
Peoples Bank operates 16 banking offices across various counties in North Carolina, including Catawba, Alexander, and Mecklenburg. The bank also maintains loan production offices in Rowan and Forsyth Counties, expanding its reach and enhancing its services.
Public Trading and Stock Symbol
Peoples Bancorp's common stock is publicly traded on the Nasdaq Global Market under the symbol "PEBK." This accessibility provides opportunities for investors to engage with the bank's growth.
Commitment to Transparency
While this announcement emphasizes positive financial developments, it’s important to acknowledge the company’s commitment to transparency. Future statements around financial growth and dividends are influenced by ongoing risks and market conditions.
Executive Leadership
Leading the charge at Peoples Bancorp is President and Chief Executive Officer, William D. "Bill" Cable, Sr., alongside Executive Vice President and Chief Financial Officer, Jeffrey N. Hooper. Their leadership guides the company in delivering consistent shareholder value.
Frequently Asked Questions
What is the cash dividend announced by Peoples Bancorp?
Peoples Bancorp has declared a cash dividend of $0.19 per share for the fourth quarter.
When will the dividend be paid to shareholders?
The dividend will be paid on December 13, 2024, to shareholders of record as of December 3, 2024.
Who can I contact for more information about the dividend?
Shareholders can contact Krissy Price at (828) 464-5620 for more details regarding the dividend and reinvestment plans.
Where is Peoples Bank located?
Peoples Bank operates 16 banking offices in North Carolina, covering several counties including Catawba and Mecklenburg.
What is the trading symbol for Peoples Bancorp?
The common stock of Peoples Bancorp is traded on the Nasdaq under the symbol "PEBK."
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