Peoples Bancorp Inc. (NASDAQ:PEBO) Plans Quarterly Dividend of $0.42

Peoples Bancorp Inc. (NASDAQ:PEBO) announced a quarterly dividend on Monday, October 19th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.42 per share by the bank on Monday, November 16th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Monday, November 2nd.

Peoples Bancorp has a payout ratio of 50.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Peoples Bancorp to earn $4.18 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 40.2%.

Peoples Bancorp Price Performance

Shares of Peoples Bancorp stock traded up $1.09 on Tuesday, hitting $37.56. The company had a trading volume of 617,914 shares, compared to its average volume of 300,127. Peoples Bancorp has a 52 week low of $28.01 and a 52 week high of $42.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $1.35 billion, a PE ratio of 11.35 and a beta of 0.62. The business has a 50-day simple moving average of $38.87 and a 200-day simple moving average of $37.31.

Peoples Bancorp (NASDAQ:PEBO) last announced its earnings results on Tuesday, October 20th. The bank reported $1.04 EPS for the quarter, topping the consensus estimate of $0.93 by $0.11. The firm had revenue of $124.52 million for the quarter, compared to analysts’ expectations of $123.40 million. Peoples Bancorp had a return on equity of 10.71% and a net margin of 19.17%. Research analysts expect that Peoples Bancorp will post 3.63 EPS for the current fiscal year.

Peoples Bancorp Company Profile

Peoples Bancorp Inc is a financial holding company headquartered in Marietta, Ohio. Through its principal subsidiary, Peoples Bank, the company provides banking and financial services to individuals, businesses, nonprofit organizations and government entities.

Peoples Bank offers consumer and commercial deposit accounts, residential and commercial real estate loans, consumer lending, mortgage services, treasury management and other business financing solutions. The company also provides wealth management, trust, investment and insurance services through affiliated or related operations.

Founded in 1902, Peoples Bancorp serves communities primarily in Ohio, West Virginia, Kentucky and Virginia through a network of banking offices and digital banking channels.