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Dimeco Inc. declares cash dividend

Posted 4/2/24

HONESDALE, PA — On March 21, The Board of Directors of Dimeco, Inc. (OTCQX: DIMC) declared a dividend of $.40 per share for the first quarter of 2024, which represents a dividend yield of 4.64% …

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Dimeco Inc. declares cash dividend

Posted

HONESDALE, PA — On March 21, The Board of Directors of Dimeco, Inc. (OTCQX: DIMC) declared a dividend of $.40 per share for the first quarter of 2024, which represents a dividend yield of 4.64% based on the closing stock price of $34.50. The dividend is payable on April 25, 2024, to shareholders of record on April 1, 2024. This dividend is an increase of $0.02 per share, or 5.26% over the dividend declared for the same period 2023. 

President and Chief Executive Officer Peter Bochnovich stated, “Our shareholders play a crucial role in the success of Dimeco, Inc. Their investment empowers us to be innovative within our industry and bring the best financial services to our communities. This dividend shows our gratitude for their unwavering commitment and trust in our company.”

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