Severn Bancorp (SVBI) Declares $0.03 Quarterly Dividend; 1.7% Yield

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Go back to Severn Bancorp (SVBI) Declares $0.03 Quarterly Dividend; 1.7% Yield

Severn Bancorp, Inc. Announces Dividend

February 26, 2018 8:30 AM EST

ANNAPOLIS, Md., Feb. 26, 2018 /PRNewswire/ -- Severn Bancorp, Inc., (Nasdaq: SVBI) (the "Company"), parent company of Severn Savings Bank, FSB, today announced that the Board of Directors approved a cash dividend to shareholders. The cash dividend of three cents ($0.03) per share of common stock will be payable on March 19, 2018 to shareholders of record at the close of business on March 8, 2018.

 

Alan J. Hyatt, President and Chief Executive Officer... More