Citizens Financial Services, Inc. Declares Quarterly Cash Dividend
09/03/2024
Mansfield, Pennsylvania (September 3, 2024) — The Board of Directors of Citizens Financial Services, Inc. (Nasdaq: CZFS), the bank holding company for First Citizens Community Bank (FCCB), recently declared a cash dividend for its shareholders.
The cash dividend of $0.49 per share is payable on September 27, 2024 to shareholders of record at the close of business on September 13, 2024. This quarterly cash dividend is an increase of 1.0% over the regular cash dividend of $0.485 per share declared one year ago, as adjusted for the 1% stock dividend declared in June 2024.
" As we continue to expand in our existing markets, we understand the importance of rewarding our existing shareholders, while maintaining sufficient capital for expansion,” commented Randall E. Black, CEO & President. “Our financial results have allowed us to consistently pay an attractive cash dividend while further expanding our market footprint.”
Citizens Financial Services, Inc. is a $3.0 billion bank holding company conducting business through First Citizens Community Bank (FCCB). First Citizens Community Bank (FCCB) services customers from 44 locations in Pennsylvania, Delaware, New Jersey and New York.
For further information regarding the common stock of Citizens Financial Services, Inc., please contact any of the following firms: Automated Trading Desk, 866-283-2831; Boenning & Scattergood, Inc., 800-842-8928; Keefe, Bruyette & Woods, Inc., 800-342-5529; Monroe Securities Inc., 800-766-5560; Pershing LLC, 201-413-2700; RBC Capital Markets Corp., 800-959-5951; Sandler O’ Neill & Partners, 212-466-8020; Stifel, Nicolaus & Co., Inc., 973-549-4200; UBS Securities, LLC, 203-719-8710.
Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks; changing economic and competitive conditions and other risks and uncertainties.
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