Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend
July 12 2023 - 8:45AM
On July 11, 2023, the Board of Directors of Codorus Valley Bancorp,
Inc. (the “Corporation”) (Nasdaq: CVLY), the parent company of
PeoplesBank, A Codorus Valley Company, declared a regular quarterly
cash dividend of $0.17 per common share, payable on August 8, 2023,
to shareholders of record at the close of business on July 25,
2023, which is an increase of $0.01 or 6 percent over the prior
quarter’s cash dividend payment. “This second dividend increase
this year reflects the bank’s successful execution of our strategic
plan,” commented Craig L. Kauffman, PeoplesBank President and CEO.
“The board of directors and I are excited to increase our quarterly
dividend to our shareholders.”
With assets of over $2 billion, PeoplesBank, A
Codorus Valley Company, is a wholly owned subsidiary of Codorus
Valley Bancorp, Inc., the largest independent financial institution
headquartered in York County, Pennsylvania. PeoplesBank offers a
full range of consumer, business, wealth management, and mortgage
services at financial centers located in communities throughout
South Central Pennsylvania and Central Maryland. Codorus Valley
Bancorp, Inc.’s Common Stock is listed on the NASDAQ Global Market
under the symbol
CVLY.
Questions or comments concerning this
Press Release should be directed to:
Codorus Valley Bancorp, Inc. |
|
|
Craig L. Kauffman, President/CEO |
|
Larry D. Pickett, Treasurer |
717-747-1501 |
|
717-747-1502 |
ckauffman@peoplesbanknet.com |
|
lpickett@peoplesbanknet.com |
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