Ameriserv Financial (ASRV) Declares $0.01 Quarterly Dividend; 1.3% Yield

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Go back to Ameriserv Financial (ASRV) Declares $0.01 Quarterly Dividend; 1.3% Yield

AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend

January 25, 2016 4:00 PM EST

JOHNSTOWN, Pa., Jan. 25, 2016 /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 February 22, 2016 to shareholders of record on February 8, 2016.  This cash dividend represents a 1.3% annualized yield using the January 22, 2016 closing common stock price of $3.16 and represents an approximate payout ratio of 14% based upon the Company's recently reported fourth quarter 2016... More