Moody’s downgrades Senegal to Caa1 amid rising debt concerns
ELMER, N.J. - Elmer Bancorp, Inc. (OTCID:ELMA), the parent company of The First National Bank of Elmer, announced Wednesday that its Board of Directors has declared a cash dividend of $0.20 per common share. The dividend represents a 2.25% yield at the current stock price of $22.21, with the company maintaining strong financial metrics including a price-to-book ratio of 0.68 and return on equity of 9%.
The dividend will be payable on November 3, 2025, to shareholders of record as of the close of business on October 15, 2025, according to a company press release.
"The Board of Directors is pleased to continue the long history of returning value to our loyal shareholders," said Brian W. Jones, President and CEO of Elmer Bancorp.
The First National Bank of Elmer, established in 1903, operates six full-service branch offices across Cumberland, Gloucester, and Salem Counties in New Jersey, with its headquarters in Elmer. The bank also maintains a loan production office in Marlton to serve Burlington County clients.
Elmer Bancorp is traded over-the-counter under the symbol ELMA. Deposits at The First National Bank of Elmer are insured up to the legally maximum amount by the Federal Deposit Insurance Corporation.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.