Press Release: PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND

Dow Jones
01-21

PEOPLES BANCORP INC. DECLARES QUARTERLY DIVIDEND

PR Newswire

MARIETTA, Ohio, Jan. 21, 2025

MARIETTA, Ohio, Jan. 21, 2025 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of $0.40 per common share on January 20, 2025, payable on February 18, 2025, to shareholders of record on February 3, 2025.

This dividend represents a payout of approximately $14.2 million, or 52.8% of Peoples' reported fourth quarter 2024 earnings. Based on the closing stock price of Peoples' common shares of $31.30 on January 17, 2025, the quarterly dividend produces an annualized yield of 5.11%.

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 $9.3 billion in total assets as of December 31, 2024, and 148 locations, including 129 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.

View original content:https://www.prnewswire.com/news-releases/peoples-bancorp-inc-declares-quarterly-dividend-302355476.html

SOURCE Peoples Bancorp Inc.

/CONTACT: Katie Bailey, Chief Financial Officer and Treasurer, (740) 376-7138

 

(END) Dow Jones Newswires

January 21, 2025 06:05 ET (11:05 GMT)

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