MARIETTA, Ohio, Oct. 25, 2016 /PRNewswire/ -- The Board of
Directors of Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO)
declared a quarterly cash dividend of $0.17 per common share on October 24, 2016, payable on November 18, 2016, to shareholders of record on
November 4, 2016.
This dividend represents a payout of approximately $3.1 million, or 39.7%, of Peoples' reported
third quarter 2016 earnings. Based on the closing stock price
of Peoples' common shares of $24.63
on October 24, 2016, the quarterly
dividend produces an annualized yield of 2.76%.
Peoples Bancorp Inc. is a diversified financial products and
services company with $3.4 billion in
assets, 80 locations, including 73 full-service bank branches and
80 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.
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SOURCE Peoples Bancorp Inc.