Severn Bancorp (SVBI) Declares $0.03 Quarterly Dividend; 1.4% Yield
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Severn Bancorp, Inc. Announces Dividend
February 26, 2019 4:05 PM ESTANNAPOLIS, Md., Feb. 26, 2019 /PRNewswire/ --Â 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 March 18, 2019 to shareholders of record at the close of business on March 8, 2019.
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