SANDUSKY, Ohio, Oct. 25, 2024 /PRNewswire/ — Civista Bancshares, Inc. CIVB (“Civista”) has announced that its Board of Directors authorized a quarterly dividend of 16 cents per common share. Shareholders on record as of November 5, 2024 will receive the dividend on November 19, 2024.
The total dividend payout will amount to approximately $2.5 million. Based on Civista’s closing stock price of $17.84 on October 25, 2024, this results in an annualized yield of 3.59%.
About Civista Bancshares, Inc.:
Civista Bancshares, Inc. is a $4.0 billion financial holding company located in Sandusky, Ohio. Founded in 1884, its main subsidiary, Civista Bank, provides comprehensive banking services including commercial lending, mortgages, and wealth management. Currently, Civista Bank has 43 locations in Ohio, Southeastern Indiana, and Northern Kentucky. Additionally, it offers commercial equipment leasing nationwide through its Civista Leasing and Finance Division, based in Pittsburgh, Pennsylvania. Civista Bancshares’ common shares are traded on the NASDAQ Capital Market under the ticker symbol “CIVB”. More information can be found at www.civb.com.
This press release may contain forward-looking statements about Civista’s financial performance and strategies. Civista seeks protection under the safe harbor provisions for these statements as per the Private Securities Litigation Reform Act of 1995. Readers should consider these statements in the context of the broader information provided in Civista’s SEC filings.
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SOURCE Civista Bancshares, Inc.
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