ELMIRA — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a cash dividend of 23 cents per share of its common stock. The banking company will pay the dividend on Dec. 15 to shareholders of record on Dec. 8. At its current stock price, the dividend yields about 4.5 percent on […]
ELMIRA — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a cash dividend of 23 cents per share of its common stock. The banking company will pay the dividend on Dec. 15 to shareholders of record on Dec. 8.
At its current stock price, the dividend yields about 4.5 percent on an annual basis.
Elmira Savings Bank, with $559 million in total assets, is a state-chartered bank with six branches in Chemung County, three offices in Tompkins County, two branches in Steuben County, one office in Cayuga County, one branch in Schuyler County, and a loan center in Broome County.
Elmira Savings Bank generated more than $1.2 million in net income in the third quarter of this year, up slightly from the year-ago period.
