Eagle Bancorp Montana (EBMT) Declares $0.0925 Quarterly Dividend; 2.1% Yield
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Eagle Bancorp Montana (NASDAQ: EBMT) declared a quarterly dividend of $0.0925 per share, or $0.37 annualized.
The dividend will be payable on December 7, 2018, to stockholders of record on December 16, 2018, with an ex-dividend date of December 13, 2018.
The annual yield on the dividend is 2.1 percent.
“For the third quarter, we generated strong revenue growth driven by balance sheet expansion and additional client acquisition,” said Peter J. Johnson, President and CEO. “In addition to solid organic growth, our successful acquisition of Ruby Valley Bank earlier this year has contributed to our increased revenues. Further, we are confident that our recently announced merger of Big Muddy Bancorp, Inc. will provide tremendous opportunities to continue to generate strong revenue growth going forward. We expect this merger, like our earlier acquisition, will result in significant benefits to our expanding group of clients, communities, employees and shareholders.”
For a dividend history and other dividend-related data on Eagle Bancorp Montana (EBMT) click here.
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