Eagle Bancorp Montana (EBMT) Declares $0.09 Quarterly Dividend; 1.7% Yield

Eagle Bancorp Montana (NASDAQ: EBMT) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.

The dividend will be payable on June 1, 2018, to stockholders of record on May 11, 2018, with an ex-dividend date of May 10, 2018.

The annual yield on the dividend is 1.7 percent.

“The highlight of the first quarter was completing the acquisition of Ruby Valley Bank,” said Peter J. Johnson, President and CEO. “The closed acquisition added approximately $94 million in assets, $82 million in deposits and $55 million in gross loans. Additionally, it provided us a unique opportunity to expand our market presence, and lending activities, particularly agricultural lending in the Ruby Valley. Our larger branching network will allow us to better serve our new and existing customers.”

For a dividend history and other dividend-related data on Eagle Bancorp Montana (EBMT) click here.

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