Keep Your Eyes on This Stock Alert: Peoples Bancorp Inc. (Nasdaq: PEBO) Reports quarterly cash dividend of $0.34

Peoples Bancorp Inc. (Nasdaq: PEBO) stock identified change of 13.19% away from 52-week low price and recently located move of -17.84% off 52-week high price. It has market worth of $665.23M and dividend yield of 4.24%. PEBO stock has been recorded 0.70% away from 50 day moving average and -0.87% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.18% off 20-day moving average.

On July 23, 2019, The Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) announced a quarterly cash dividend of $0.34 per common share on July 22, 2019, payable on August 19, 2019, to shareholders of record on August 5, 2019.

This dividend represents a payout of approximately $7.2 million, or 74.9% of Peoples’ reported second quarter 2019 earnings.  Based on the closing stock price of Peoples’ common shares of $31.75 on July 19, 2019, the quarterly dividend produces an annualized yield of 4.30%.

Peoples Bancorp Inc. is a diversified financial products and services company with $4.3 billion in assets, 89 locations, including 79 full-service bank branches and 86 ATMs in Ohio, West Virginia and Kentucky.  Peoples makes available a complete line of banking, investment, insurance, and trust solutions through its subsidiaries – Peoples Bank and Peoples Insurance Agency, LLC. Peoples’ common shares are traded on the Nasdaq Global Select Market® under the symbol “PEBO”, and Peoples is a member of the Russell 3000 index of US publicly traded companies.

The Financial sector company, Peoples Bancorp Inc. noticed change of -1.23% to $32.09 along volume of 51736 shares in recent session compared to an average volume of 40.44K. The stock observed return of 0.88% in 5 days trading activity. The stock was at 2.10% over one month performance. PEBO’s shares are at 0.91% for the quarter and driving a -14.93% return over the course of the past year and is now at 6.61% since this point in 2018.

The average volatility for the week at 2.38% and for month was at 1.70%. There are 20.73M shares outstanding and 20.13M shares are floated in market. Right now the stock beta is 0.71.

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