MARIETTA, Ohio, Jan. 22, 2019 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (PEBO) declared a quarterly cash dividend of $0.30 per common share on January 21, 2019, payable on February 19, 2019, to shareholders of record on February 4, 2019.
This dividend represents a payout of approximately $5.9 million, or 42.24% of Peoples' reported fourth quarter 2018 earnings. Based on the closing stock price of Peoples' common shares of $31.51 on January 18, 2019, the quarterly dividend produces an annualized yield of 3.78%.
Peoples Bancorp Inc. is a diversified financial products and services company with $4.0 billion in assets, 82 locations, including 72 full-service bank branches and 76 ATMs in Ohio, West Virginia and Kentucky. Peoples makes available a complete line of banking, investment, insurance, and trust solutions through its subsidiaries - Peoples Bank and Peoples Insurance Agency, LLC. Peoples' common shares are traded on the NASDAQ Global Select Market® under the symbol "PEBO", and Peoples is a member of the Russell 3000 index of US publicly traded companies. Learn more about Peoples at www.peoplesbancorp.com.