New Peoples Bankshares, Inc. Declares Dividend, Payable on March 31, 2023
March 01, 2023 at 05:22 pm EST
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On March 1, 2023, New Peoples Bankshares, Inc. announced the board of directors declared a dividend payment of $0.06 per share of common stock. The dividend will be payable March 31, 2023, to shareholders of record as of March 15, 2023.
New Peoples Bankshares, Inc. is a financial holding company. The Companyâs business is conducted primarily through New Peoples Bank, Inc. (the Bank), a banking corporation. The Bank has a division doing business as New Peoples Financial Services, which offers investment services. The Bank offers a range of banking and related financial services focused primarily on serving individuals, small to medium size businesses and the professional community. It accepts deposits, make consumer and commercial loans, issue drafts, and provide other services customarily offered by a commercial bank, such as business and personal checking and savings accounts, walk-up tellers, drive-in windows, and 24-hour automated teller machines (ATMs). It offers a full range of short-medium- and longer-term commercial, 1-4 family residential mortgages and personal loans. Its commercial loans include both secured and unsecured loans for working capital, including inventory and receivables.