Ameriserv Financial (ASRV) Declares $0.015 Quarterly Dividend; 1.5% Yield

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AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend

January 25, 2017 8:30 AM EST

JOHNSTOWN, Pa., Jan. 25, 2017 /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 February 21, 2017 to shareholders of record on February 6, 2017.  This cash dividend represents a 1.52% annualized yield using the January 24, 2017 closing common stock price of $3.95 and represents an approximate payout ratio of 25% based upon the Company's recently reported fourth quarter 2016... More