Peoples Bancorp of North Carolina Dividend and Market Updates: Key Insights Before Jun 3, 2025

Peoples Bancorp of North Carolina (PEBK) has recently announced a quarterly dividend of $0.200 per share, with the ex-dividend date set for Jun 3, 2025, and the dividend payable on Jun 13, 2025. This dividend announcement follows the previous dividend issued on Mar 14, 2025, which was also valued at $0.200 per share. The average dividend per share over the last ten distributions stands at approximately $0.109, indicating a higher dividend amount in the current cycle. The dividend type, translated from Chinese, is identified as a cash dividend.

Recently, Peoples Bancorp of North Carolina has seen some notable developments. Over the past week, the company announced the retirement of two distinguished board members, Larry Robinson and Dan Timmerman Sr., who have left a lasting legacy within the organization. In addition, insider activity was reported when Director James Abernethy sold 500 shares on May 23, 2025, at a price of $29.25 per share, followed by another transaction on May 27, 2025. These sales have drawn attention to insider movements within the company, potentially influencing investor sentiment.

In a more recent financial update, Northern Trust Corp increased its stake in Peoples Bancorp of North Carolina by 3.2% during the fourth quarter, reflecting growing institutional interest. This move signifies confidence in the company's financial health and future prospects. Furthermore, analysts have noted that institutional investors own a significant portion of the company's stock, with Peoples Bancorp trading down by 2% recently, opening at $28.67 on the latest trading day. These developments point to shifting dynamics within the investor landscape, possibly affecting market performance.

In conclusion, Peoples Bancorp of North Carolina is poised for its upcoming ex-dividend date on Jun 3, 2025. This date marks the last opportunity for investors to purchase shares and receive the dividend. Any acquisitions post this date will not be eligible for the current dividend payout, underscoring the importance of timely investment decisions.