PSB Holdings, Inc. Announces Semi-Annual Cash Dividend, Payable on January 28, 2022
December 27, 2021 at 07:30 pm IST
Share
PSB Holdings, Inc. announced that on December 21, 2021, its Board of Directors declared regular semi-annual cash dividend of $0.23 per share of the company’s common stock. The dividend is payable January 28, 2022 to shareholders of record as of January 7, 2022 and represents an increase of 9.5% over the $0.21 per share semi-annual cash dividend declared on December 15, 2020.
PSB Holdings, Inc. is a holding company for Peoples State Bank (Peoples). Peoples is a community bank, which serves north central and southeastern Wisconsin with 10 full-service banking locations in Marathon, Oneida, Vilas, Milwaukee and Waukesha counties and a loan production office in Stevens Point, Wisconsin. Peoples also provides investment and insurance products, along with retirement planning services, through Peoples Wealth Management, a division of Peoples. Its commercial and industrial loans, municipal loans and agricultural loans are primarily for working capital, physical asset expansion and asset acquisition loans. Its commercial real estate loans are primarily secured by owner and non-owner-occupied office and industrial buildings, warehouses, small retail shopping facilities and various special purpose properties, including hotels and restaurants. Its construction and land development loans are secured by vacant land and/or property that is in the process of improvement.
PSB HOLDINGS, INC. 
