MARIETTA, Ohio, July 24, 2018 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) declared a quarterly cash dividend of $0.28 per common share on July 23, 2018, payable on August 20, 2018, to shareholders of record on August 8, 2018.
This dividend represents a payout of approximately $5.5 million, or 69.3% of Peoples' reported second quarter 2018 earnings. Based on the closing stock price of Peoples' common shares of $39.22 on July 23, 2018, the quarterly dividend produces an annualized yield of 2.86%.
Peoples Bancorp Inc. is a diversified financial products and services company with $4.0 billion in assets, 82 locations, including 71 full-service bank branches and 78 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.
SOURCE Peoples Bancorp Inc.
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