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Severn Bancorp Inc (Annapolis MD) Dividend Announcement

(NASDAQ:SVBI), www.severnbank.com

DIVIDEND ANNOUNCEMENT: Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) on 08/28/2018 declared a dividend of $0.0300 per share

August 28, 2018

Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) on 08/28/2018 declared a dividend of $ 0.0300 per share payable on September 18, 2018 to shareholders of record as of September 07, 2018.

Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) has paid dividends since 2002, has a current dividend yield of 1.34% and has increased its dividends for 0 successive years.

Severn Bancorp Inc (Annapolis MD)'s market cap is $ 113,620,250 and has a PE ratio of 23.55. The stock price closed yesterday at $ 8.95 and has a 52 week low/high of $ 6.70 and $ 9.06.

Severn Bancorp is a savings and loan holding company. Through its subsidiary, Severn Savings Bank, FSB (the Bank), Co. provides a range of personal and commercial banking services. Personal services include mortgage lending and various other lending services as well as checking, savings, money market, time deposit and individual retirement accounts. The Bank also provides safe deposit boxes, automated teller machines, debit cards, and personal internet banking including on-line bill pay, mortgage lending, and telephone banking, among other products and services. As of Dec 31 2017, Co. had total assets of $804.8 million and total deposits of $602.2 million.

For more information on Severn Bancorp Inc (Annapolis MD) click here.

Severn Bancorp Inc (Annapolis MD) current dividend information as per the date of this press release is:
Dividend Declaration Date: August 28, 2018
Dividend Ex Date: September 06, 2018
Dividend Record Date: September 07, 2018
Dividend Payment Date: September 18, 2018
Dividend Amount: $ 0.0300
 
 

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