Evans Bancorp (EVBN) Raises Semi-Annual Dividend 5.3% to $0.40; 2% Yield

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Evans Bancorp, Inc. Announces 5% Increase in Cash Dividend

February 22, 2017 9:01 AM EST

HAMBURG, N.Y., Feb. 22, 2017 (GLOBE NEWSWIRE) -- Evans Bancorp, Inc. (the Company) (NYSE MKT: EVBN), a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.40 per share on its outstanding common stock.  This semi-annual dividend represents a $0.02, or 5%, increase from its previous semi-annual dividend paid on October 4, 2016. The dividend is payable on April 4, 2017 to shareholders of record as of March 14, 2017.  The Company has approximately 4.7 million shares outstanding.

David J. Nasca, President and CEO of Evans Bancorp, Inc.,... More