PSB Holdings increases semi-annual dividend by 6.3% to $0.34

Published 18/06/2025, 22:50
PSB Holdings increases semi-annual dividend by 6.3% to $0.34

WAUSAU, Wis. - PSB Holdings, Inc. (OTCQX: PSBQ), the parent company of Peoples State Bank, announced Tuesday that its Board of Directors declared a regular semi-annual cash dividend of $0.34 per share of common stock. According to InvestingPro data, the company currently offers a 2.68% dividend yield, with a track record of 23 consecutive years of dividend payments.

The dividend represents a 6.3% increase from the $0.32 per share dividend declared in December 2024. It will be payable on July 31, 2025, to shareholders of record as of July 11, 2025.

This marks the 32nd consecutive year of increased cash dividends for the Wisconsin-based bank holding company, continuing a 60-year tradition of dividend payments to shareholders.

"We remain optimistic for continued strong financial performance through the end of 2025," said Scott M. Cattanach, PSB President and CEO, in a press release statement.

PSB Holdings operates Peoples State Bank, which serves customers in northcentral and southeastern Wisconsin through twelve full-service banking locations across Marathon, Oneida, Vilas, Portage, Milwaukee, and Waukesha counties. The company also maintains a loan production office in Dane county.

The bank provides banking services along with investment and insurance products through its Peoples Wealth Management division.

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