Porter Bancorp Declares Cash Dividend of $0.20 Per Share
February 26 2007 - 7:30AM
Business Wire
Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank,
announced today that its Board of Directors declared a cash
dividend of $0.20 per share. The dividend will be payable on April
3, 2007, to shareholders of record as of March 15, 2007. �Our cash
dividend is an important part of building long-term shareholder
value,� stated Maria L.�Bouvette, President and CEO of Porter
Bancorp, Inc. "The current yield on our dividend is about 3.5%
based on the annualized dividend rate of $0.80 per share and our
recent stock price.� About Porter Bancorp, Inc. Porter Bancorp,
Inc. is a bank holding company headquartered in Louisville,
Kentucky. It is the seventh largest independent banking
organization based on total assets domiciled in the Commonwealth of
Kentucky. Through Porter�s subsidiary PBI Bank, it operates banking
offices in Louisville and 12 other Kentucky communities located
along central Kentucky�s Interstate 65 corridor, which runs through
Louisville and central Kentucky, and connects Chicago and
Indianapolis to Nashville and Atlanta. Porter Bancorp�s common
stock is traded on the Nasdaq Global Market under the symbol
�PBIB.�
Porter Bancorp, Inc. (delisted) (NASDAQ:PBIB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Porter Bancorp, Inc. (delisted) (NASDAQ:PBIB)
Historical Stock Chart
From Jul 2023 to Jul 2024