ACNB Corporation announced on January 29, 2025, that its Board of Directors approved a regular quarterly cash dividend of $0.32 per share of common stock. This dividend is payable on March 14, 2025, to shareholders of record as of February 28, 2025.
This $0.32 per share amount reflects a 6.7% increase over the $0.30 per share paid in the first quarter of 2024. The dividend declaration is expected to result in aggregate dividend payments of approximately $3.38 million to ACNB Corporation shareholders in the first quarter of 2025.
The anticipated aggregate dividend payment represents an increase of approximately 24% over the prior quarter. This increase is primarily due to the additional shares expected to be issued to former Traditions Bancorp, Inc. shareholders upon the anticipated close of the acquisition on February 1, 2025.
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