Based on the company’s closing stock price of $28.22 recorded on June 30, the dividend reflects an annualized yield of 2.55 percent. The decision comes from the Board of Directors of the NASDAQ-listed institution, which currently oversees $4.3 billion in assets. Civista Bank, the firm's primary subsidiary, maintains a footprint of 44 locations spanning Ohio, Southeastern Indiana, and Northern Kentucky, while its leasing division operates nationwide.
Civista Bancshares Declares Quarterly Dividend of 18 Cents
Shareholders of record as of August 14 will receive a quarterly dividend of 18 cents per share, Civista Bancshares announced Wednesday. The Sandusky-based financial holding company confirmed the payout, totaling approximately $3.7 million, remains consistent with the previous quarter's distribution and is scheduled for payment on August 18.
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