Ameriserv Financial (ASRV) Declares $0.01 Quarterly Dividend; 1.2% Yield

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AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend

July 20, 2015 8:00 AM EDT

JOHNSTOWN, Pa., July 20, 2015 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV) announced that its Board of Directors declared a $0.01 per share quarterly common stock cash dividend. The cash dividend is payable August 17, 2015 to shareholders of record on August 3, 2015. This cash dividend represents a 1.2% annualized yield using the July 16, 2015 closing common stock price of $3.32 and represents an approximate payout ratio of 14% based upon the Company's recently reported second quarter 2015... More