Peoples Bancorp Increases Cash Dividend
August 18 2005 - 9:18AM
Business Wire
The Board of Directors of Peoples Bancorp, the holding company for
Peoples Federal Savings Bank and First Savings Bank, declared a
Fiscal 2005 fourth quarter dividend. According to Roger J.
Wertenberger, Chairman, a 5.6% dividend increase to $.19 per share
will be paid on October 20, 2005, to stockholders of record as of
October 3, 2005. Thus far during Fiscal 2005, Peoples has
repurchased 27,038.57 shares of stock. As of August 16, 2005,
Peoples had 3,340,719.44 shares outstanding. The closing price of
Peoples Bancorp as of August 16, 2005 was $20.12 per share as
listed on the NASDAQ National Marketing System under the symbol
PFDC. Peoples Bancorp, through its Indiana subsidiary, Peoples
Federal Savings Bank, operates nine full-service offices located in
Auburn, Avilla, Garrett, LaGrange, Kendallville, Topeka, Waterloo
and two in Columbia City, Indiana. Peoples Bancorp's Michigan
subsidiary, First Savings Bank, operates six full-service offices
located in Three Rivers (two offices), Schoolcraft and Union in
Michigan and Howe and Middlebury in Indiana.
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