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 24, 2018 8:00 AM EST

JOHNSTOWN, Pa., Jan. 24, 2018 /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 20, 2018 to shareholders of record on February 5, 2018.  This cash dividend represents an approximate 1.5% annualized yield using the January 19, 2018 closing common stock price of $4.05.  For the full year 2017, the Company's common stock dividend payout ratio approximated 33% based upon the reported 2017 EPS of $0.18.  Note that the Company's 2017 earnings... More