CB Financial Services (CBFV) Declares $0.24 Quarterly Dividend; Approves $5M Buyback
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CB Financial Services (NASDAQ: CBFV) declared a quarterly dividend of $0.24 per share, or $0.96 annualized.
The dividend will be payable on December 16, 2019, to stockholders of record on December 6, 2019, with an ex-dividend date of December 5, 2019.
The annual yield on the dividend is 3.4 percent.
CB Financial Services, Inc. (the “Company”) (NASDAQ: CBFV), the holding company for Community Bank, announced today that its Board of Directors has authorized a program to repurchase up to $5 million of the Company’s outstanding common stock, which represents approximately 3.2% of the outstanding shares based on the Company’s closing stock price on November 19, 2019. The program is effective November 25, 2019 and authorized through November 24, 2020.
For a dividend history and other dividend-related data on CB Financial Services (CBFV) click here.
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