Peoples Bancorp of North Carolina, Inc. operates as the bank holding company for Peoples Bank that provides various commercial and consumer banking products and services to individuals and small to medium-sized businesses. It offers checking, savings, money market, and time deposits; demand deposits; and certificates of deposit, as well as borrowed funds. The company's loan products comprise commercial real estate, commercial, construction and land development, single-family residential, residential mortgage, and individual taxpayer identification number mortgage loans, as well as agricultural loans. It also provides investment counseling and non-deposit investment products, such as stocks, bonds, mutual funds, tax deferred annuities, and related brokerage services; and real estate appraisal and brokerage services. In addition, the company operates as a clearing-house for the provision of appraisal services for community banks; and acquires, manages, and disposes real property, other collateral, and other assets obtained in the ordinary course of collecting debts, as well as offers insurance agency services. As of December 31, 2021, it operated 17 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Cornelius, Mooresville, Raleigh, and Cary, North Carolina. The company also operates loan production offices in Charlotte, Denver, Salisbury, and Winston-Salem, North Carolina. Peoples Bancorp of North Carolina, Inc. was founded in 1912 and is headquartered in Newton, North Carolina.
Peoples Bancorp of North Carolina Dividend Announcement
• Peoples Bancorp of North Carolina announced a quarterly dividend of $0.19 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-12-03
• Peoples Bancorp of North Carolina annual dividend for 2024 was $0.92
• Peoples Bancorp of North Carolina annual dividend for 2023 was $0.91
• Peoples Bancorp of North Carolina's trailing twelve-month (TTM) dividend yield is 2.95%
• Peoples Bancorp of North Carolina's payout ratio for the trailing twelve months (TTM) is 36.38%
• Peoples Bancorp of North Carolina's dividend growth over the last five years (2018-2023) was 11.84% year
• Peoples Bancorp of North Carolina's dividend growth over the last ten years (2013-2023) was 22.46% year
Peoples Bancorp of North Carolina Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-03 | $0.19 | quarterly | 2024-12-13 |
2024-09-03 | $0.19 | quarterly | 2024-09-13 |
2024-06-03 | $0.19 | quarterly | 2024-06-14 |
2024-03-01 | $0.19 | quarterly | 2024-03-15 |
2024-02-02 | $0.16 | quarterly | 2024-02-16 |
2023-12-01 | $0.19 | quarterly | 2023-12-15 |
2023-09-01 | $0.19 | quarterly | 2023-09-15 |
2023-06-01 | $0.19 | quarterly | 2023-06-15 |
2023-03-02 | $0.19 | quarterly | 2023-03-15 |
2023-02-02 | $0.15 | quarterly | 2023-02-15 |
2022-12-01 | $0.18 | quarterly | 2022-12-15 |
2022-09-01 | $0.18 | quarterly | 2022-09-15 |
2022-06-02 | $0.18 | quarterly | 2022-06-15 |
2022-03-02 | $0.18 | quarterly | 2022-03-15 |
2022-02-03 | $0.15 | quarterly | 2022-02-16 |
2021-12-02 | $0.17 | quarterly | 2021-12-15 |
2021-09-02 | $0.17 | quarterly | 2021-09-15 |
2021-06-02 | $0.16 | quarterly | 2021-06-15 |
2021-03-02 | $0.16 | quarterly | 2021-03-15 |
2020-12-02 | $0.15 | quarterly | 2020-12-15 |
2020-09-02 | $0.15 | quarterly | 2020-09-15 |
2020-06-02 | $0.15 | quarterly | 2020-06-15 |
2020-03-02 | $0.15 | quarterly | 2020-03-16 |
2020-01-31 | $0.15 | quarterly | 2020-02-14 |
2019-12-02 | $0.14 | quarterly | 2019-12-16 |
2019-08-30 | $0.14 | quarterly | 2019-09-16 |
2019-05-31 | $0.14 | quarterly | 2019-06-14 |
2019-03-01 | $0.14 | quarterly | 2019-03-15 |
2019-02-01 | $0.10 | quarterly | 2019-02-18 |
2018-11-30 | $0.13 | quarterly | 2018-12-14 |
2018-08-31 | $0.13 | quarterly | 2018-09-14 |
2018-06-01 | $0.13 | quarterly | 2018-06-15 |
2018-03-02 | $0.13 | quarterly | 2018-03-15 |
2017-12-01 | $0.12 | quarterly | 2017-12-15 |
2017-08-31 | $0.12 | quarterly | 2017-09-15 |
2017-05-31 | $0.12 | quarterly | 2017-06-15 |
2017-03-01 | $0.11 | quarterly | 2017-03-15 |
2016-11-30 | $0.10 | quarterly | 2016-12-15 |
2016-08-31 | $0.10 | quarterly | 2016-09-15 |
2016-06-01 | $0.09 | quarterly | 2016-06-15 |
2016-03-01 | $0.07 | quarterly | 2016-03-15 |
2015-12-01 | $0.07 | quarterly | 2015-12-15 |
2015-09-01 | $0.07 | quarterly | 2015-09-15 |
2015-06-01 | $0.05 | quarterly | 2015-06-15 |
2015-02-27 | $0.06 | quarterly | 2015-03-16 |
2014-11-28 | $0.06 | quarterly | 2014-12-15 |
2014-08-28 | $0.04 | quarterly | 2014-09-15 |
2014-05-30 | $0.04 | quarterly | 2014-06-13 |
2014-02-27 | $0.04 | quarterly | 2014-03-14 |
2013-11-29 | $0.03 | quarterly | 2013-12-16 |
2013-08-29 | $0.03 | quarterly | 2013-09-16 |
2013-05-31 | $0.03 | quarterly | 2013-06-14 |
2013-02-28 | $0.03 | quarterly | 2013-03-15 |
Peoples Bancorp of North Carolina Dividend per year
Peoples Bancorp of North Carolina Dividend growth
Peoples Bancorp of North Carolina Dividend Yield
Peoples Bancorp of North Carolina current trailing twelve-month (TTM) dividend yield is 2.95%. Interested in purchasing Peoples Bancorp of North Carolina stock? Use our calculator to estimate your expected dividend yield:
Peoples Bancorp of North Carolina Financial Ratios
Peoples Bancorp of North Carolina Dividend FAQ
Other factors to consider when evaluating Peoples Bancorp of North Carolina as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Peoples Bancorp of North Carolina's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Peoples Bancorp of North Carolina publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Peoples Bancorp of North Carolina distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Peoples Bancorp of North Carolina are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Peoples Bancorp of North Carolina sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Peoples Bancorp of North Carolina distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Peoples Bancorp of North Carolina declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Peoples Bancorp of North Carolina's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Peoples Bancorp of North Carolina's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.