The Board of Directors of ACNB Corporation (NASDAQ:ACNB) recently approved the issuance of the regular quarterly cash dividend. The cash dividend of $0.20 per share is payable on December 15, 2016, to shareholders of record on December 1, 2016.
With this fourth quarter dividend, the regular quarterly cash dividends paid to shareholders for the year of 2016 will total $0.80 per share. This per share amount will result in aggregate dividend payments of more than $4.8 million to ACNB Corporation shareholders for 2016. In comparison to a year ago, ACNB Corporation also paid a $0.20 dividend per share in the fourth quarter of 2015 and a total of $0.80 per share for the year of 2015.
ACNB Corporation, headquartered in Gettysburg, PA, is the financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and Russell Insurance Group, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace via a network of 22 retail banking offices located in the four southcentral Pennsylvania counties of Adams, Cumberland, Franklin and York. In addition, the Bank operates a loan office in York, PA. Russell Insurance Group, Inc. offers a broad range of commercial and personal insurance lines with licenses in 42 states, including Pennsylvania and Maryland, through offices in Westminster, Carroll County, and Germantown, Montgomery County, MD. On September 30, 2016, total assets of ACNB Corporation were $1.21 billion. For more information regarding ACNB Corporation and its subsidiaries, please visit acnb.com.
