PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND
MARIETTA, Ohio, April 25, 2023 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of $0.39 per common share on April 24, 2023, payable on May 22, 2023, to shareholders of record on May 8, 2023.
This dividend represents a payout of approximately $11.1 million. Based on the closing stock price of Peoples' common shares of $25.35 on April 21, 2023, the quarterly dividend produces an annualized yield of 6.15%.
Peoples is a diversified financial services holding company that makes available a complete line of banking, trust and investment, insurance, premium financing and equipment leasing solutions through its subsidiaries. Peoples has been headquartered in Marietta, Ohio since 1902. Peoples had $7.3 billion in total assets as of March 31, 2023, and 130 locations, including 113 full-service bank branches in Ohio, West Virginia, Kentucky, Virginia, Washington D.C. and Maryland. Peoples' vision is to be the Best Community Bank in America.
Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies. Peoples offers services through Peoples Bank (which includes the divisions of Peoples Investment Services, Peoples Premium Finance and North Star Leasing), Peoples Insurance Agency, LLC and Vantage Financial.
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SOURCE Peoples Bancorp Inc.
