Civista Bancshares, Inc. announced on January 22, 2025, that its Board of Directors approved an increase in the quarterly common dividend to 17 cents per share. This represents a 1-cent increase from the prior quarter's dividend.
The increased dividend is payable on February 18, 2025, to shareholders of record as of February 4, 2025. This payout totals approximately $2.7 million for the quarter.
The decision to raise the dividend reflects Civista's confidence in its financial performance and its ongoing commitment to enhancing shareholder value through consistent capital returns.
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