Published June 26. 2021 12:05AM
Embassy Bancorp, Inc. (OTCQX: EMYB) has announced that its board of directors has declared an annual cash dividend of $0.30 per share, payable July 16 to shareholders of record on June 30.
This represents an increase over last year’s dividend and Embassy Bancorp’s 12th consecutive year of paying a dividend.
“I am very excited to announce our annual cash dividend,” said David M. Lobach, Jr., Embassy Bancorp Chairman, President and Chief Executive Officer, in a June 17 press release.
“In a year of unprecedented challenges, the Lehigh Valley came together and helped one another in times of need, and we are so very proud to be a part of such a special place.
“Our bank’s accomplishments since our opening in 2001 continue to gain recognition by industry experts.
“In May 2021, American Banker Magazine identified Embassy Bancorp, Inc. as 81st on its list of Top 200 publicly-traded community banks and thrifts based on three-year average return-on-equity (ROE).
“ We believe our continued tremendous focus on the customer and our community, coupled with a dedicated group of bankers and stakeholders, has allowed us to attain this level of performance,” said Lobach.
With more than $1.4 billion in assets, Embassy Bancorp, Inc. is the parent company of Embassy Bank for the Lehigh Valley, a full-service community bank operating nine branch offices in the Lehigh Valley area of Pennsylvania.
Information: www.embassybank.com