SANDUSKY, Ohio, July 29,
2022 /PRNewswire/ -- Civista Bancshares, Inc.
(NASDAQ: CIVB) ("Civista") announced today that the Board of
Directors has approved a quarterly dividend of 14 cents per common share to shareholders of
record August 9, 2022, payable
August 23, 2022.
This dividend represents a payout of approximately $2.2 million. Based on the Civista's
closing stock price of common shares of $22.42 on July 27,
2022, the quarterly dividend produces an annualized yield of
2.50%.
About Civista Bancshares, Inc.:
Prior to the
merger with Comunibanc Corp., Civista Bancshares, Inc. was a
$3.0 billion financial holding
company headquartered in Sandusky,
Ohio. Civista's banking subsidiary, Civista Bank, operated 36
locations in Northern, Central and Southwestern Ohio, Southeastern Indiana and Northern
Kentucky. Upon completion of the merger, Civista will be an
approximately $3.3 billion financial
holding company, and Civista Bank will operate an additional seven
locations in Northwestern Ohio.
Civista Bancshares, Inc. may be accessed at
www.civb.com. The Company's common shares are traded on the
NASDAQ Capital Market under the symbol "CIVB". 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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/civista-bancshares-inc-declares-third-quarter-common-dividend-301596200.html
SOURCE Civista Bancshares, Inc.