Following these acquisitions, Steiner's direct ownership of CSB Bancorp's common stock increased to 21,842.5524 shares. Additionally, he holds an indirect ownership of 39,352 shares through an IRA account.These transactions were part of a dividend reinvestment feature of the CSB Bancorp, Inc. Dividend Reinvestment Plan, as noted in the filing. The company currently offers a 4.18% dividend yield. Eddie Steiner's ongoing investments reflect his continued confidence in the company's prospects, which is supported by InvestingPro's GOOD Financial Health rating and multiple ProTips highlighting the company's profitability.
Following these acquisitions, Steiner's direct ownership of CSB Bancorp's common stock increased to 21,842.5524 shares. Additionally, he holds an indirect ownership of 39,352 shares through an IRA account.
These transactions were part of a dividend reinvestment feature of the CSB Bancorp, Inc. Dividend Reinvestment Plan, as noted in the filing. Eddie Steiner's ongoing investments reflect his continued confidence in the company's prospects.
In other recent news, CSB Bancorp declared a Q4 cash dividend of $0.40 per share, a minor increase from the previous quarter. This dividend will be payable on December 17, 2024, to shareholders recorded as of December 3, 2024. This announcement is in line with the company's history of consistent quarterly dividends, reflecting CSB Bancorp's financial stability and commitment to returning capital to its investors.
In addition to this, the Ohio-based financial holding company reported assets of approximately $1.2 billion as of September 30, 2024. The company operates through its subsidiary, The Commercial and Savings Bank, and serves consumers and businesses across Holmes, Stark, Tuscarawas, and Wayne counties.
These recent developments underscore CSB Bancorp's ongoing efforts to provide value to its shareholders. As always, investors are advised to consider these updates in managing their investment portfolios. It's crucial to note that these facts are based on press releases from CSB Bancorp and do not contain any speculative or subjective assessments.
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