AMERISERV FINANCIAL, INC. (NASDAQ:ASRV) Files An 8-K Other EventsItem 8.01 Other Events.
On January 25, 2017, AmeriServ Financial, Inc. issued a press release announcing that its Board of Directors had declared a cash dividend of $0.015 per share quarterly common stock cash dividend. The cash dividend is payable February 21, 2017 to shareholders of record on February 6, 2017. This increased cash dividend represents a 1.52% annualized yield using the January 24, 2017 closing common stock price of $3.95 and represents an approximate payout ratio of 25% based upon the Company’s recently reported fourth quarter 2016 earnings per share of $0.06. The press release, attached hereto as Exhibit 99.1, is incorporated herein.
Item 9.01 Financial Statements and Exhibits.
Exhibits:
99.1
Press release, dated January 25, 2017 of AmeriServ Financial, Inc.
AMERISERV FINANCIAL, INC. (NASDAQ:ASRV) Recent Trading Information
AMERISERV FINANCIAL, INC. (NASDAQ:ASRV) closed its last trading session at with 180,523 shares trading hands.