Evans Bancorp (EVBN) Raises Quarterly Dividend 9.7% to $0.34; 5.8% Yield

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Evans Bancorp, Inc. Announces 9.7% Increase in Dividend to $0.34 Per Share

August 20, 2014 8:42 AM EDT

HAMBURG, N.Y., Aug. 20, 2014 (GLOBE NEWSWIRE) -- Evans Bancorp, Inc. ("Evans") (NYSE MKT: EVBN), a community financial services company serving Western New York since 1920, announced that its Board of Directors declared a cash dividend of $0.34 on its outstanding common stock, a 9.7% increase from its previous $0.31 per share dividend paid on April 8, 2014. This dividend equates to an annualized yield of 2.8%. The dividend is payable on October 7, 2014 to shareholders of record as of September 16, 2014. 

"This marks our fifth dividend increase in four years, which is a testament to our strong performance, commitment to returning... More