Business
Peoples Financial Services Corp. Declares First Quarter 2020 Dividend
SCRANTON, Pa., Feb. 7, 2020 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a first quarter dividend of
About this update from Peoples Financial Services Corp.
[{"type":"text","content":"SCRANTON, Pa., Feb. 7, 2020 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a first quarter dividend of $0.36 per share which represents a $0.01 or 2.9% increase from the 2019 fourth quarter dividend and a $0.02 or 5.9% increase from the first quarter of 2019 dividend. The dividend is payable March 13, 2020 to shareholders of record February 28, 2020.\n\n \n \n\n \nPeoples Financial Services Corp. (the \"Company\") is the parent company of Peoples Security Bank and Trust Company (the \"Bank\"), an independent community bank serving Berks, Bucks, Carbon, Lackawanna, Lehigh, Lebanon, Luzerne, Monroe, Montgomery, Northampton, Schuylkill, Susquehanna, Wayne and Wyoming Counties in Pennsylvania and Broome County in New York through 28 offices. Each office, interdependent with the community, offers a comprehensive array of financial products and services to individuals, businesses, not-for-profit organizations and government entities. The Company's business philosophy includes offering direct access to senior management and other officers and providing friendly, informed and courteous service, local and timely decision making, flexible and reasonable operating procedures and consistently applied credit policies.\nSafe Harbor Forward-Looking Statements:\nWe make statements in this press release, and we may from time to time make other statements, regarding our outlook or expectations for future financial or operating results and/or other matters regarding or affecting Peoples Financial Services Corp., Peoples Security Bank and Trust Company, and its subsidiaries (collectively, \"Peoples\") that are considered \"forward-looking statements\" as defined in the Private Securities Litigation Reform Act of 1995 (the \"PSLRA\"). Such forward-looking statements may be identified by the use of such words as \"believe,\" \"expect,\" \"anticipate,\" \"should,\" \"planned,\" \"estimated,\" \"intend\" and \"potential.\" For these statements, Peoples claims the protection of the safe harbor for forward-looking statements contained in the PSLRA. \nPeoples cautions you that a number of important factors could cause actual results to differ materially from those currently anticipated in any forward-looking statement. Such factors include, but are not limited to: prevailing economic and political condit...