Evans Bancorp (EVBN) Raises Semi-Annual Dividend 15% to $0.46; 2.2% Yield

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Evans Bancorp, Inc. Increases Cash Dividend 15 Percent

February 20, 2018 4:15 PM EST

HAMBURG, N.Y.--(BUSINESS WIRE)-- Evans Bancorp, Inc. (the Company or Evans) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.46 per share on its outstanding common stock. This semi-annual dividend represents a $0.06, or 15%, increase from its previous semi-annual dividend paid in October 2017. The dividend is payable on April 3, 2018 to shareholders of record as of March 13, 2018. The Company has approximately 4.8 million shares outstanding.

We have a long and demonstrated history of returning value to shareholders, commented... More