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Codorus Valley Bancorp Announces Dividend | news

The American Codorus Valley Bancorp Inc. (ISIN: US1920251048, NASDAQ: CVLY) pays its shareholders a constant quarterly dividend of USD 0.15 per share. The distribution will take place on August 9, 2022 (record day: July 26, 2022).

Annualized payout is $0.60. As of July 13, 2022, the current dividend yield is 2.67 percent at the current share price of $22.48.

Founded in 1986 in York, Pennsylvania, Codorus Valley Bancorp is the holding company of PeoplesBank, which operates approximately 24 branches in York, Hunt Valley, Bel Air and Westminster. In the first quarter of fiscal 2022, the company posted a profit of $3.1 million, up from a profit of $3.9 million a year earlier, as previously reported on April 28.

The Codorus share is listed on the American technology exchange NASDAQ and has been up 4.46 percent since the beginning of 2022. The current market cap is $214.38 million (as of July 13, 2022).

Saskia Haaker, Editor at MyDividends.de

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