Severn Bancorp (SVBI) Declares $0.04 Quarterly Dividend; 1.9% Yield
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Severn Bancorp, Inc. Announces Dividend
February 26, 2020 4:05 PM ESTANNAPOLIS, Md., Feb. 26, 2020 /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 four cents ($0.04) per share of common stock, will be payable on March 17, 2020 to shareholders of record at the close of business on March 6, 2020.
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