Peoples Bancorp Inc. (NASDAQ:PEBO) declared quarterly dividend of $ 0.35 per share, or $ 1.40 annualized.
The dividend will be payable on November 16, 2020, to stockholders of record on November 2, 2020, with an ex-dividend date of October 30, 2020.
Dividends History
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Peoples Bancorp Inc. recently reported third quarter financial results on October 20, 2020, before market open, financial products and services provider disclosed income for the third quarter of $ 0.51 per share, from the revenue of $ 52.18 million. The quarterly earnings reduced 29.17 percent while revenues lowered 0.50 percent compared with the same quarter last year.
Street analysts expected Peoples Bancorp Inc. recently reported third quarter financial results on October 20, 2020, before market open, financial products and services provider to report income of $ 0.48 per share on revenue of $ 51.15 million for the third quarter. The bottom line results beat street analysts by $ 0.03 or 6.25 percent, at the same time, top line results outshined analysts by $ 1.03 million or 2.01 percent.
Stock Performance
Shares of Peoples Bancorp Inc. traded low $ -0.17 or -0.78 percent on Monday, reaching $ 21.50 with volume of 88.40 thousand shares. Peoples Bancorp Inc. has traded high as $ 21.85 and has cracked $ 21.46 on the downward trend
According to the previous trading day, closing price of $ 21.50, representing a 20.99 % increase from the 52 week low of $ 17.91 and a 44.83 % decrease over the 52 week high of $ 39.28.
The company has a market capital of $ 428.28 million and is part of the Financial Services sector and Banks – Regional – US industry.
Peoples Bancorp Inc. operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans.
