Peoples Bancorp Inc. (PEBO) Announces Dividend Increase – $0.26 Per Share

Peoples Bancorp Inc. (NASDAQ:PEBO) announced a quarterly dividend on Monday, January 22nd, NASDAQ reports. Stockholders of record on Monday, February 5th will be paid a dividend of 0.26 per share by the bank on Tuesday, February 20th. This represents a $1.04 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Friday, February 2nd. This is a positive change from Peoples Bancorp’s previous quarterly dividend of $0.22.

Shares of Peoples Bancorp (PEBO) opened at $36.01 on Friday. Peoples Bancorp has a 52-week low of $29.55 and a 52-week high of $36.07. The stock has a market cap of $645.36, a PE ratio of 17.15, a PEG ratio of 1.99 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.82 and a quick ratio of 0.82.

Several analysts have recently issued reports on PEBO shares. Zacks Investment Research upgraded shares of Peoples Bancorp from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research report on Thursday, January 4th. BidaskClub upgraded shares of Peoples Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. Boenning Scattergood reiterated a “hold” rating on shares of Peoples Bancorp in a research report on Wednesday, January 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $34.00 target price on shares of Peoples Bancorp in a research report on Tuesday, October 3rd. Finally, Sandler O’Neill reiterated a “hold” rating and issued a $37.00 target price on shares of Peoples Bancorp in a research report on Tuesday, January 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Peoples Bancorp currently has an average rating of “Hold” and an average target price of $35.25.

ILLEGAL ACTIVITY NOTICE: “Peoples Bancorp Inc. (PEBO) Announces Dividend Increase – $0.26 Per Share” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this report on another website, it was illegally copied and republished in violation of United States & international copyright & trademark legislation. The correct version of this report can be accessed at https://www.americanbankingnews.com/2018/01/28/peoples-bancorp-inc-pebo-announces-dividend-increase-0-26-per-share.html.

About Peoples Bancorp

Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC and Peoples Tax Credit Equity, LLC. Peoples Investment Company has one subsidiary, Peoples Capital Corporation.

Dividend History for Peoples Bancorp (NASDAQ:PEBO)

Receive News & Ratings for Peoples Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peoples Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply