WYALUSING, Pa., Sept. 2, 2014 /PRNewswire/ -- Peoples LTD, the
parent company of PS Bank, has announced that the Board of
Directors has declared a third quarter cash dividend in the amount
of $0.40 per share payable on
September 30, 2014. The cash
dividend represents a 10.5% increase over the cash dividend paid
third quarter 2014 of $0.36, as
adjusted for the 2013 year end 5% stock dividend.
The declaration of dividend, made at the regular meeting of the
Board of Directors on August 27,
2014, is payable to shareholders of record September 15, 2014.
Note: This press release may contain forward looking
statements as defined in the Private Securities Litigation Reform
Act of 1995. Actual results and trends could differ
materially from those set forth in such statements due to various
factors. These factors include operating, legal and
regulatory risks; changing economic and competitive conditions and
other risks and uncertainties.
Peoples LTD is the holding company for PS Bank. PS Bank
is an independent community bank with branch locations throughout
Bradford, Sullivan and Wyoming counties. Book value for stock
of Peoples LTD was $47.40 as of
June 30, 2014 and is traded in the
Over-the-Counter market under the symbol PPLL. Learn more
about PS Bank at www.PSBanking.com.
SOURCE Peoples LTD
