MARIETTA, Ohio, Oct. 24, 2017 /PRNewswire/ -- The Board of
Directors of Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO)
declared a quarterly cash dividend of $0.22 per common share on October 23, 2017, payable on November 17, 2017, to shareholders of record on
November 3, 2017.
This dividend represents a payout of approximately $4.0 million, or 36.9% of Peoples' reported third
quarter 2017 earnings. Based on the closing stock price of
Peoples' common shares of $33.03 on
October 23, 2017, the quarterly
dividend produces an annualized yield of 2.66%.
Peoples Bancorp Inc. is a diversified financial products and
services company with $3.6 billion in
assets, 76 locations, including 67 full-service bank branches and
74 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.