Severn Bancorp (SVBI) Declares $0.05 Quarterly Dividend; 1.6% Yield

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Go back to Severn Bancorp (SVBI) Declares $0.05 Quarterly Dividend; 1.6% Yield

Severn Bancorp, Inc. Announces Dividend

August 24, 2021 4:05 PM EDT

ANNAPOLIS, Md., Aug. 24, 2021 /PRNewswire/ -- Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank) announced that the Board of Directors declared a cash dividend to its shareholders. The cash dividend of five cents ($0.05) per share of common stock will be payable on September 15, 2021 to shareholders of record at the close of business on September 3, 2021.

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