NEWTON, N.C. - Peoples Bancorp (NASDAQ:PEBO) of North Carolina, Inc. (NASDAQ:PEBK) has announced the distribution of its regular quarterly cash dividend for the first quarter of 2024. Set at $0.19 per share, the dividend is scheduled to be paid on March 15, 2024, to shareholders who are on record as of March 4, 2024.
The company, which is based in Newton, North Carolina, operates Peoples Bank, its wholly-owned subsidiary. With a network of 17 banking offices, Peoples Bank serves various counties across North Carolina, including Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake. The bank also maintains loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
Peoples Bancorp of North Carolina has encouraged its shareholders to participate in the Dividend Reinvestment and Stock Purchase Plan. The plan is designed to facilitate the reinvestment of dividends into additional shares of the company's stock. Shareholders seeking more information about the plan can reach out to the transfer agent, Broadridge Corporate Issuer Solutions, Inc.
The announcement comes as part of the company's regular communications with its shareholders and the market. Peoples Bancorp of North Carolina's common stock is publicly traded on the Nasdaq Global Market.
It is important to note that forward-looking statements related to the company's future performance are subject to risks and uncertainties, as outlined in the company's annual report on Form 10-K for the year ended December 31, 2023. These statements are based on current management information and may change due to various factors.
This news article is based on a press release statement from Peoples Bancorp of North Carolina, Inc.
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