Severn Bancorp (SVBI) Declares $0.04 Quarterly Dividend; 2.4% Yield
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Severn Bancorp, Inc. Announces Dividend
November 24, 2020 4:05 PM ESTANNAPOLIS, Md., Nov. 24, 2020 /PRNewswire/ --Â Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank)Â 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 December 15, 2020 to shareholders of record at the close of business on December 8, 2020.
