Peoples Bancorp of North Carolina, Inc. Plans Quarterly Dividend of $0.21 (NASDAQ:PEBK)

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) announced a quarterly dividend on Thursday, August 20th. Shareholders of record on Thursday, September 3rd will be paid a dividend of 0.21 per share by the bank on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, September 3rd.

Peoples Bancorp of North Carolina has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

Peoples Bancorp of North Carolina Stock Performance

Shares of Peoples Bancorp of North Carolina stock opened at $43.70 on Tuesday. The company has a market cap of $238.60 million, a PE ratio of 12.01 and a beta of 0.29. Peoples Bancorp of North Carolina has a 52 week low of $27.33 and a 52 week high of $45.78. The business has a 50 day moving average price of $43.33 and a 200-day moving average price of $41.32. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.10.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) last announced its earnings results on Monday, July 20th. The bank reported $0.96 earnings per share (EPS) for the quarter. The company had revenue of $23.11 million for the quarter. Peoples Bancorp of North Carolina had a return on equity of 12.75% and a net margin of 17.25%.

About Peoples Bancorp of North Carolina

Peoples Bancorp of North Carolina, Inc is a bank holding company headquartered in Hickory, North Carolina, that operates through its wholly owned subsidiary, Peoples Bank. The company provides a comprehensive suite of banking and financial services tailored to individuals, small businesses, and municipal clients in the western region of North Carolina.

Through its community banking network, Peoples Bancorp offers deposit products such as checking, savings, money market accounts and certificates of deposit, alongside consumer and commercial lending solutions.