DIVIDEND ANNOUNCEMENT: Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) on 02/26/2020 declared a dividend of $0.0400 per share

Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) on 02/26/2020 declared a dividend of $ 0.0400 per share payable on March 17, 2020 to shareholders of record as of March 06, 2020.

Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) has paid dividends since 2002, has a current dividend yield of 1.9370459318% and has increased its dividends for 1 successive years.

Severn Bancorp Inc (Annapolis MD)'s market cap is $ 105,810,600 and has a PE ratio of 10.87. The stock price closed yesterday at $ 8.26 and has a 52 week low/high of $ 7.44 and $ 9.94.

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, as well as Internet and mobile banking. The Bank also provides safe deposit boxes, automated teller machines, debit cards, credit cards, personal Internet banking including on-line bill pay, and telephone banking, among other products and services.

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