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MVB Financial Corp. Declares Third Quarter 2021 Dividend
FAIRMONT, W.Va.--(BUSINESS WIRE)-- MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of
About this update from Mvb Financial Corp.
[{"type":"text","content":" FAIRMONT, W.Va.--(BUSINESS WIRE)--\nMVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.14 per share for shareholders of record as of September 1, 2021, payable on September 15, 2021.\n\nThis is the third quarterly dividend for 2021 and includes a 16.67% increase in dividends as compared to the previous quarter dividend of $0.12 per share.\n\n\"MVB's capital base is strong, which in conjunction with other considerations, led to our decision to increase MVB’s quarterly cash dividend payment to shareholders, to $0.14 for the third quarter of 2021, up 16.67% as compared to the previous quarter’s dividend,\" said Larry F. Mazza, President and CEO, MVB Financial. \"MVB’s payment of a growing cash dividend is a key point of differentiation relative to the vast majority of the company’s tech-forward bank and pure Fintech peers.\"\n\nAbout MVB Financial Corp.\n\nMVB Financial Corp., the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its subsidiary, MVB Bank, Inc., and the Bank's subsidiaries, the Company provides financial services to individuals and corporate clients in the Mid-Atlantic region and beyond. For more information about MVB, please visit http://ir.mvbbanking.com.\n\nForward-Looking Statements\n\nMVB Financial Corp. has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this press release that are intended to be covered by the protections provided under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about the future and subject to risks and uncertainties. Forward-looking statements include, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries. Forward-looking statements can be identified by the use of words such as “may,” “could,” “should,” “would,” “will,” “plans,” “believes,” “estimates,” “expects,” “anticipates,” “intends,” “continues,” or the negative of those terms or similar expr...