Peoples Bancorp of North Carolina, Inc. (PEBK) to Distribute Special Dividend of $0.16 on February 14th

Posted by Anthony Miller on Jan 19th, 2025

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK – Get Free Report) declared a special dividend on Friday, January 17th,RTT News reports. Shareholders of record on Monday, February 3rd will be paid a dividend of 0.16 per share by the bank on Friday, February 14th.

Peoples Bancorp of North Carolina has raised its dividend payment by an average of 4.8% per year over the last three years.

Peoples Bancorp of North Carolina Stock Performance

Shares of PEBK stock opened at $29.18 on Friday. The firm’s 50 day moving average is $30.91 and its 200 day moving average is $28.87. The stock has a market capitalization of $159.32 million, a P/E ratio of 9.89 and a beta of 0.62. Peoples Bancorp of North Carolina has a 12 month low of $23.74 and a 12 month high of $33.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11.

Peoples Bancorp of North Carolina (NASDAQ:PEBK – Get Free Report) last posted its earnings results on Monday, October 21st. The bank reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $20.64 million for the quarter. Peoples Bancorp of North Carolina had a return on equity of 12.92% and a net margin of 15.27%.

Insider Activity

In related news, Director James S. Abernethy sold 1,000 shares of Peoples Bancorp of North Carolina stock in a transaction on Friday, November 8th. The stock was sold at an average price of $28.64, for a total transaction of $28,640.00. Following the completion of the sale, the director now owns 74,976 shares of the company’s stock, valued at approximately $2,147,312.64. This trade represents a 1.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 3,500 shares of company stock worth $100,180 over the last ninety days. Company insiders own 17.44% of the company’s stock.

Peoples Bancorp of North Carolina Company Profile

(Get Free Report)

Peoples Bancorp of North Carolina, Inc operates as the bank holding company for Peoples Bank that provides various banking products and services for individuals and small-to medium-sized businesses. It offers checking, savings, money market, and retirement accounts; certificates of deposits; and credit and debit cards.