Peoples Bancorp of North Carolina Announces Quarterly Dividend Increase

The bank will pay a $0.21 per share dividend on March 16th, up 5% from the previous quarter.

Published on Mar. 2, 2026

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Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) announced a quarterly dividend of $0.21 per share, payable on March 16th to shareholders of record on March 4th. This represents a 5% increase from the previous quarterly dividend of $0.20 per share.

Why it matters

The dividend increase signals the bank's financial strength and confidence in its future performance. As a community bank serving western North Carolina, the dividend is an important return to shareholders and reflects the bank's commitment to its investors.

The details

Peoples Bancorp has increased its dividend by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 1 year. The new $0.21 per share dividend represents an annualized yield of 2.2% based on the current stock price of $38.49.

  • The ex-dividend date is Wednesday, March 4th.
  • The dividend will be paid on Monday, March 16th.

The players

Peoples Bancorp of North Carolina, Inc.

A bank holding company headquartered in Hickory, North Carolina that operates through its wholly owned subsidiary, Peoples Bank. The company provides banking and financial services to individuals, small businesses, and municipal clients in western North Carolina.

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What’s next

Shareholders of record on March 4th will be eligible to receive the $0.21 per share dividend on March 16th.

The takeaway

Peoples Bancorp's dividend increase demonstrates its financial stability and commitment to returning value to shareholders as a community bank serving western North Carolina.