PB Financial Corporation Declares First-Quarter, 2024 Dividend [Yahoo! Finance]
PB FINANCIAL CORPORATION (PBNC)
NASDAQ:AMEX Investor Relations:
paragonbank.com/aboutus/investor-relations
Company Research
Source: Yahoo! Finance
for Providence Bank, announced today the Board of Directors approved a quarterly cash dividend of $0.52 per share on common stock outstanding to shareholders of record at the close of business on February 6, 2024. The dividend is payable February 22, 2024. This is an increase of 30% from the dividend paid during the 1 st quarter of 2023. This represents a $2.08 dividend on an annual basis and a yield of 4.97% (based on closing price on January 26, 2024, of $41.89/share). Whitehurst commented, "This represents our 49th consecutive quarterly cash dividend. The Company's consistent financial performance has allowed us to increase our cash dividend every quarter since we began paying dividends in the 1 st quarter of 2012. This continued increase in our cash dividend is an important part of our long-term strategy to enhance shareholder value." PB Financial Corporation is headquartered at 450 N. Winstead Avenue in Rocky Mount, North Carolina, with branches in Rocky Mount, Tarboro, Nashv
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News
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