CB Financial Services (CBFV) Raises Quarterly Dividend 4.5% to $0.23; 3.6% Yield

CB Financial Services (NASDAQ: CBFV) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. This is a 4.5% increase from the prior dividend of $0.22.

The dividend will be payable on December 20, 2018, to stockholders of record on December 10, 2018, with an ex-dividend date of December 7, 2018.

The annual yield on the dividend is 3.6 percent.

“Our Board of Directors is proud of the post-merger financial performance of the Company and was unanimous in approving this increase in the quarterly cash dividend,” commented Patrick G. O’Brien, President and Chief Executive Officer. “The Company’s strong capital position enables us to pay a higher dividend, which is in keeping with management’s commitment to increase shareholder value and return.”

For a dividend history and other dividend-related data on CB Financial Services (CBFV) click here.

You May Also Be Interested In

• Ball Corporation (BALL) Raises Dividend, Enters 40M Share Buyback, Announces Management Changes
• Mid Penn Bancorp (MPB) Declares $0.20 Quarterly Dividend; 3.9% Yield
• Grainger (GWW) Raises Quarterly Dividend 10.2% to $2.05; Approves Repurchase of up to 5M Shares