Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact email@example.com.
SOURCE Peoples LTD
In the news release, Peoples LTD Declares Cash and 5% Stock Dividend, issued Oct. 29, 2013 by Peoples LTD over PR Newswire, we are advised by the company that the dividend payable date should read "December 20, 2013", rather than "December 23, 2013" as originally issued. The complete, corrected release follows:
Peoples LTD Declares Cash and 5% Stock Dividend
WYALUSING, Pa., Oct. 29, 2013 /PRNewswire/ -- Peoples LTD (PPLL), the parent company of PS Bank, has announced that the Board of Directors has declared a fourth quarter cash dividend of $0.38 per share and a 5% stock dividend payable on December 20, 2013. The cash dividend represents a 10.8% increase over the cash dividend paid in the fourth quarter 2012 of $0.36 per share as adjusted to reflect the 5% stock dividend in 2012.
The 2013 cash dividends of $1.48 represent an increase of 17.7% over the cash dividends paid in 2012 of $1.26 as adjusted to reflect the 5% stock dividend.
The dividend declared at the regular meeting of the Board of Directors on October 23, 2013 is payable to shareholders of record November 29, 2013.
Peoples LTD is the holding company for PS Bank. PS Bank is an independent community bank, established 1914, with branch locations throughout Bradford, Sullivan and Wyoming Counties. Stock of Peoples LTD has a book value of $45.84 as of September 30, 2013. Stock of Peoples LTD is traded in the Over-the-Counter market under the symbol PPLL. Learn more about PS Bank at www.PeoplesBankPa.com.