CNB Financial Announces Quarterly Dividend for Common Stock and Series A Preferred Stock and Related Depositary Shares Distri...
November 10 2020 - 4:05PM
The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE)
(the "Corporation") has announced the declaration of a $0.17 per
share of common stock quarterly cash dividend payable on December
15, 2020 to common stock shareholders of record on December 1,
2020.
The Board also declared a quarterly cash
dividend of $0.475 per depositary share, resulting from the
Corporation’s declaration of a $19.00 per share dividend on its
Series A Preferred Stock. The dividend is payable on December 1,
2020, for holders of record as of November 17, 2020.
CNB Financial Corporation is a financial holding
company with consolidated assets of approximately $4.7 billion. CNB
Financial Corporation conducts business primarily through its
principal subsidiary, CNB Bank. CNB Bank is a full-service bank
engaging in a full range of banking activities and services,
including trust and wealth management services, for individual,
business, governmental, and institutional customers. CNB Bank
operations include a private banking division, one loan production
office, one drive-up office and 44 full-service offices in
Pennsylvania, Ohio, and New York. CNB Bank’s divisions include
ERIEBANK, based in Erie, Pennsylvania, with offices in northwest
Pennsylvania and northeast Ohio; FCBank, based in Worthington,
Ohio, with offices in central Ohio; and BankOnBuffalo, based in
Buffalo, New York, with offices in northern New York. CNB Bank is
headquartered in Clearfield, Pennsylvania, with offices in central
and north central Pennsylvania. Additional information about CNB
Financial Corporation may be found at www.CNBBank.bank.
Contact: Tito L. Lima
Treasurer
(814) 765-9621
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