MVB Financial (MVBF) Declares $0.09 Quarterly Dividend; 1.8% Yield
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MVB Financial Corp. Declares First Quarter 2020 Dividend
February 20, 2020 4:15 PM ESTFAIRMONT, W. Va.--(BUSINESS WIRE)-- MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a quarterly cash dividend of $0.09 per share payable on March 15, 2020, to shareholders of record at the close of business on March 1, 2020.
This is the first quarterly dividend for 2020 and includes a 29% increase in dividends, compared to the previous quarter dividend payout. With this increase, MVBs dividend is up 157% since first quarter 2019.
With a 125% increase in annual earnings in 2019, market capitalization up $88.3 million or 42.1% and a 39% increase in noninterest-bearing deposits year over year, MVBs historic finish to... More
