MARIETTA, Ohio, Oct. 25, 2016 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) declared a quarterly cash dividend of $0.17 per common share on October 24, 2016, payable on November 18, 2016, to shareholders of record on November 4, 2016.
This dividend represents a payout of approximately $3.1 million, or 39.7%, of Peoples' reported third quarter 2016 earnings. Based on the closing stock price of Peoples' common shares of $24.63 on October 24, 2016, the quarterly dividend produces an annualized yield of 2.76%.
Peoples Bancorp Inc. is a diversified financial products and services company with $3.4 billion in assets, 80 locations, including 73 full-service bank branches and 80 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/peoples-bancorp-inc-declares-quarterly-dividend-300350556.html
SOURCE Peoples Bancorp Inc.