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

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) declared a quarterly dividend on Friday, May 22nd. Investors of record on Wednesday, June 3rd will be given a dividend of 0.21 per share by the bank on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, June 3rd.

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

Peoples Bancorp of North Carolina Stock Performance

NASDAQ:PEBK opened at $42.05 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $229.59 million, a price-to-earnings ratio of 11.58 and a beta of 0.28. The firm’s fifty day simple moving average is $39.89 and its 200 day simple moving average is $37.10. Peoples Bancorp of North Carolina has a twelve month low of $26.81 and a twelve month high of $43.31.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) last posted its earnings results on Monday, April 20th. The bank reported $0.80 earnings per share for the quarter. The business had revenue of $21.57 million for the quarter. Peoples Bancorp of North Carolina had a net margin of 17.22% and a return on equity of 13.07%.

Peoples Bancorp of North Carolina Company Profile

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.