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PSB Holdings Boosts Semi-Annual Dividend by 6.3% to $0.34 per Share
ByAinvest
Thursday, Jun 19, 2025 4:08 pm ET1min read
PSB Holdings has announced a semi-annual dividend of $0.34 per share, a 6.3% increase from the previous dividend of $0.32. The forward yield is 2.85%. The dividend will be payable on July 31 to shareholders of record on July 11, with an ex-dividend date of July 11.
Wausau, Wis., June 19, 2025 — PSB Holdings, Inc. (OTCQX: PSBQ), the parent company of Peoples State Bank, has declared a semi-annual cash dividend of $0.34 per share, representing a 6.3% increase from the previous dividend of $0.32 per share [1]. The dividend, which will be payable on July 31, 2025, to shareholders of record as of July 11, 2025, is part of the company's 60-year tradition of cash dividends, with 32 consecutive years of increased dividends [1].The ex-dividend date is set for July 11, 2025, and the forward yield is 2.85%, making it an attractive option for investors seeking consistent income [1]. The dividend increase is a reflection of PSB Holdings' strong financial performance and continued optimism for the remainder of 2025, as stated by Scott M. Cattanach, President and CEO of PSB Holdings [1].
PSB Holdings, Inc. is a community bank headquartered in Wausau, Wisconsin, serving northcentral and southeastern Wisconsin from twelve full-service banking locations in Marathon, Oneida, Vilas, Portage, Milwaukee, and Waukesha counties, and a loan production office in Dane county [1]. Additionally, Peoples Wealth Management, a division of Peoples, provides investment and insurance products, along with retirement planning services [1].
This announcement comes amidst a period of uncertainty in the financial sector, with risks such as global economic instability related to the COVID-19 pandemic and interest rate policies [1]. However, PSB Holdings' strong financial position and consistent dividend increases provide a reassuring sign of stability for investors.
References:
[1] https://www.barchart.com/story/news/32948888/psb-holdings-inc-announces-semi-annual-cash-dividend-of-0-34-per-share
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