DIVIDEND ANNOUNCEMENT: Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) on 08/24/2021 declared a dividend of $0.0500 per share

Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) on 08/24/2021 declared a dividend of $ 0.0500 per share payable on September 15, 2021 to shareholders of record as of September 03, 2021.

Severn Bancorp Inc (Annapolis MD) (NASDAQ:SVBI) has paid dividends since 2002, has a current dividend yield of 1.6353230476% and has increased its dividends for 2 successive years.

Severn Bancorp Inc (Annapolis MD)'s market cap is $ 157,326,720 and has a PE ratio of 15.68. The stock price closed yesterday at $ 12.23 and has a 52 week low/high of $ 5.89 and $ 12.80.

Severn Bancorp is a savings and loan holding company. Through its subsidiary, Severn Savings Bank, FSB (the Bank), Co. provides various 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, in addition to Internet and mobile banking. Commercial services 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, and personal Internet banking.

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