Provident Bancorp (PVBC) Initiates $0.03 Quarterly Dividend; 1.5% Yield

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Provident Bancorp, Inc. Initiates Payment of Quarterly Cash Dividends of $0.03 per Share and Announces Date of 2020 Annual Meeting of Stockholders

April 17, 2020 8:54 AM EDT

AMESBURY, Mass., April 17, 2020 (GLOBE NEWSWIRE) -- Provident Bancorp, Inc. (the Company) (Nasdaq: PVBC), the holding company for The Provident Bank (the Bank), announced that the Company has initiated the payment of quarterly cash dividends.  The initial dividend of $0.03 per share will be paid on May 14, 2020 to stockholders of record as of April 30, 2020.  This is the Companys first dividend since completing its mutual-to-stock conversion and related stock offering in October 2019. 

The Company also announced that its 2020 annual meeting of stockholders will be held on June 11, 2020, at 3:30 p.m., local time.  The annual meeting will be... More