DIVIDEND ANNOUNCEMENT: Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) on 11/24/2020 declared a dividend of $0.0400 per share

Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) on 11/24/2020 declared a dividend of $ 0.0400 per share payable on December 15, 2020 to shareholders of record as of December 08, 2020.

Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) has paid dividends since 2002, has a current dividend yield of 2.3703703880% and has increased its dividends for 1 successive years.

Severn Bancorp Inc (Annapolis MD)'s market cap is $ 86,514,750 and has a PE ratio of 16.07. The stock price closed yesterday at $ 6.75 and has a 52 week low/high of $ 4.26 and $ 9.50.

Severn Bancorp is a savings and loan holding company. Through its subsidiary, Severn Savings Bank, FSB (the Bank), Co. provides banking services, including: personal services, which include mortgage lending and various other lending services as well as checking, savings, money market, time deposit, and individual retirement accounts; and commercial services, which include commercial secured and unsecured lending services as well as business Internet banking, corporate cash management services, and deposit services to commercial customers. The Bank also provides safe deposit boxes, ATMs, debit cards, credit cards, personal Internet banking including on-line bill pay and telephone banking.

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