Peapack-Gladstone Financial (PGC) Declares $0.05 Quarterly Dividend; 0.7% Yield

Peapack-Gladstone Financial (NASDAQ: PGC) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.

The dividend will be payable on November 23, 2018, to stockholders of record on November 8, 2018, with an ex-dividend date of November 7, 2018.

The annual yield on the dividend is 0.7 percent.

Douglas L. Kennedy, President and CEO, said, “I am pleased with our results given this challenging environment. Our strategy and business model, which includes a focus on wealth management and fee income, provides a strong base for future performance.” Mr. Kennedy went on to say, “We believe that during this challenging period we may have an opportunity to attract additional talent to the Company from larger bank competitors, given our client centric strategy and business model.”

For a dividend history and other dividend-related data on Peapack-Gladstone Financial (PGC) click here.

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