MARIETTA, Ohio, July 23,
2024 /PRNewswire/ -- The Board of Directors of
Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a
quarterly cash dividend of $0.40 per
common share on July 22, 2024, payable on August 19,
2024, to shareholders of record on August 5, 2024.
This dividend represents a payout of approximately $14.2 million, or 49.0% of Peoples' reported
second quarter 2024 earnings. Based on the closing stock price of
Peoples' common shares of $32.89 on
July 19, 2024, the quarterly dividend produces an annualized
yield of 4.86%.
Peoples Bancorp Inc. is a diversified financial services holding
company and makes available a complete line of banking, trust and
investment, insurance and premium financing solutions through its
subsidiaries. Peoples Bank has been headquartered in Marietta, Ohio since 1902. Peoples has
established a heritage of financial stability, growth and community
impact. Peoples had $9.2 billion in
total assets as of June 30, 2024, and
150 locations, including 130 full-service bank branches in
Ohio, Kentucky, West
Virginia, Virginia,
Washington D.C., and Maryland. Peoples is a member of the Russell
3000 index of U.S. publicly-traded companies. Learn more about
Peoples at www.peoplesbancorp.com.
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SOURCE Peoples Bancorp Inc.