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NEWTON, N.C. - Peoples Bancorp (NASDAQ:PEBO) of North Carolina, Inc. (NASDAQ:PEBK), the parent company of Peoples Bank, has announced a regular cash dividend for the first quarter of 2025. Shareholders of record as of March 3, 2025, will receive a dividend of $0.20 per share on March 14, 2025, representing a 3.33% yield. According to InvestingPro data, the company has maintained dividend payments for an impressive 41 consecutive years and has raised its dividend for the past three years.
The bank, which operates 16 banking offices across North Carolina and several loan production offices, encourages its shareholders to participate in the Dividend Reinvestment and Stock Purchase Plan. Details about the plan can be obtained by contacting the transfer agent, Broadridge Corporate Issuer Solutions, Inc.
Peoples Bancorp’s common stock is traded on the Nasdaq Global Market, and this dividend declaration follows the company’s historical practice of providing returns to its shareholders.
The forward-looking statements in the press release indicate management’s expectations based on current information, but they are subject to risks and uncertainties. These could affect the company’s financial performance and could cause actual results to differ from those projected. The risks and uncertainties are detailed in the company’s annual report on Form 10-K for the year ended December 31, 2023, and other reports and filings.
This dividend announcement is part of the company’s ongoing financial communications and reflects its commitment to shareholder value. The information contained in this news is based on a press release statement from Peoples Bancorp of North Carolina, Inc.
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