AMERISERV FINANCIAL, INC. (NASDAQ:ASRV) Files An 8-K Other Events

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AMERISERV FINANCIAL, INC. (NASDAQ:ASRV) Files An 8-K Other Events
Item 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.