Elmira Savings Bank (ESBK) Declares $0.15 Quarterly Dividend; 5.2% Yield

Elmira Savings Bank (NASDAQ: ESBK) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on June 12, 2020, to stockholders of record on June 5, 2020, with an ex-dividend date of June 4, 2020.

The annual yield on the dividend is 5.2 percent.

Mr. Thomas Carr stated, “We made a difficult decision to reduce our cash dividend for the current quarter due to the uncertainty of the economic recovery.” Mr. Carr continued, “We have paid a cash dividend for every quarter since our Initial Public Offering in the 1980’s, and we are committed to its continuance.”

For a dividend history and other dividend-related data on Elmira Savings Bank (ESBK) click here.

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