Severn Bancorp (SVBI) Declares $0.03 Quarterly Dividend; 1.3% Yield

Go back to Severn Bancorp (SVBI) Declares $0.03 Quarterly Dividend; 1.3% Yield

Severn Bancorp, Inc. Announces Dividend

November 27, 2018 4:05 PM EST

ANNAPOLIS, Md., Nov. 27, 2018 /PRNewswire/ -- Severn Bancorp, Inc., (Nasdaq: SVBI) (the "Company"), parent company of Severn Bank today announced that the Board of Directors approved a cash dividend to its shareholders. The cash dividend of three cents ($0.03) per share of common stock will be payable on December 19, 2018 to shareholders of record at the close of business on December 7, 2018.

 

Alan J. Hyatt, President and Chief Executive Officer said, "We are pleased to announce our... More