SANDUSKY, Ohio, Feb. 2, 2024
/PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista")
announced today that the Board of Directors has approved a
quarterly dividend of 16 cents per
common share to shareholders of record February 13, 2024, payable March 1, 2024.
This dividend represents a payout of approximately $2.5 million. Based on the Civista's
closing stock price of common shares of $17.09 on January 31,
2024, the quarterly dividend produces an annualized yield of
3.74%.
About Civista Bancshares, Inc.:
Civista
Bancshares, Inc., is a $3.7 billion
financial holding company headquartered in Sandusky, Ohio. Its primary subsidiary,
Civista Bank, was founded in 1884 and provides full-service
banking, commercial lending, mortgage, and wealth management
services. Today, Civista Bank operates 43 locations across
Ohio, Southeastern Indiana and Northern
Kentucky. Civista Leasing & Finance, a division of
Civista Bank, offers commercial equipment leasing services for
businesses nationwide. Civista Bancshares' common shares are
traded on the NASDAQ Capital Market under the symbol "CIVB".
Learn more at www.civb.com.
This press release may contain forward-looking statements
regarding the financial performance, business prospects, growth and
operating strategies of Civista. For these statements,
Civista claims the protections of the safe harbor for
forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995. Statements in this press
release should be considered in conjunction with the other
information available about Civista, including the information in
the filings we make with the Securities and Exchange
Commission.
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SOURCE Civista Bancshares, Inc.