MARIETTA, Ohio, July 23, 2019 /PRNewswire/ -- The Board of
Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO)
declared a quarterly cash dividend of $0.34 per common share on July 22, 2019, payable on August 19, 2019, to shareholders of record on
August 5, 2019.
This dividend represents a payout of approximately $7.2 million, or 74.9% of Peoples' reported
second quarter 2019 earnings. Based on the closing stock
price of Peoples' common shares of $31.75 on July 19,
2019, the quarterly dividend produces an annualized yield of
4.30%.
Peoples Bancorp Inc. is a diversified financial products and
services company with $4.3 billion in
assets, 89 locations, including 79 full-service bank branches and
86 ATMs in Ohio, West Virginia and Kentucky. Peoples
makes available a complete line of banking, investment, insurance,
and trust solutions through its subsidiaries - Peoples Bank and
Peoples Insurance Agency, LLC. Peoples' common shares are traded on
the Nasdaq Global Select Market® under the symbol "PEBO", and
Peoples is a member of the Russell 3000 index of US publicly traded
companies. Learn more about Peoples at www.peoplesbancorp.com.
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SOURCE Peoples Bancorp Inc.