Ameriserv Financial (ASRV) Declares $0.015 Quarterly Dividend; 1.8% Yield
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AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend
October 24, 2016 9:15 AM EDTJOHNSTOWN, Pa., Oct. 24, 2016 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV) announced that its Board of Directors declared a $0.015 per share quarterly common stock cash dividend. The cash dividend is payable November 21, 2016 to shareholders of record on November 7, 2016. This cash dividend represents a 1.84% annualized yield using the October 21, 2016 closing common stock price of $3.26 and represents an approximate payout ratio of 25% based upon the Company's recently reported third quarter 2016 earnings... More
