CB Financial Services (CBFV) Raises Quarterly Dividend 4.8% to $0.22; 4% Yield

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CB Financial Services, Inc. Announces 5% Increase to Quarterly Cash Dividend

November 18, 2015 2:30 PM EST

CARMICHAELS, Pa., Nov. 18, 2015 (GLOBE NEWSWIRE) -- CB Financial Services, Inc. (the "Company") (NASDAQ: CBFV), the holding company for Community Bank, today announced that its Board of Directors has approved a 5% increase in the quarterly cash dividend from $0.21 to $0.22 per outstanding share of common stock. The dividend will be paid on or about December 18, 2015 to stockholders of record as of the close of business on December 8, 2015.

"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... More