Dividend Reporting: Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) dividends of $0.10 are projected for the near future; this is why.

Dividend Reporting: Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) dividends of $0.10 are projected for the near future; this is why.

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) is expected to pay $0.10 on Dec 15, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Peoples Bancorp of North Carolina, Inc.’s current price of $22.55, the dividend is 0.44%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 21, 2016. The stock decreased 1.27% or $0.29 on November 28, hitting $22.55. Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) has risen 19.85% since April 26, 2016 and is uptrending. It has outperformed by 14.59% the S&P500.

Peoples Bancorp of North Carolina, Inc. is a holding firm for Peoples Bank . The company has a market cap of $122.99 million. The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities. It has a 12.48 P/E ratio. The Bank has approximately 20 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville Raleigh and North Carolina.

Insitutional Activity: The institutional sentiment decreased to 0.88 in 2016 Q2. Its down 0.62, from 1.5 in 2016Q1. The ratio worsened, as 0 funds sold all Peoples Bancorp of North Carolina, Inc. shares owned while 4 reduced positions. 1 funds bought stakes while 5 increased positions. They now own 1.31 million shares or 50.42% less from 2.65 million shares in 2016Q1.
Nationwide Fund last reported 0% of its portfolio in the stock. Hutchin Hill Capital Lp holds 65,100 shares or 0.04% of its portfolio. Bank Of America De reported 280 shares or 0% of all its holdings. Lpl accumulated 0% or 17,713 shares. Maltese Cap Management Limited Liability Co owns 75,400 shares or 0.18% of their US portfolio. Pinnacle Lc holds 40,941 shares or 0% of its portfolio. Tower Capital Limited Liability Corp (Trc) has invested 0% of its portfolio in Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK). Federated Invsts Incorporated Pa accumulated 318 shares or 0% of the stock. Wells Fargo & Communications Mn owns 1 shares or 0% of their US portfolio. Vanguard Grp has 70,881 shares for 0% of their US portfolio. James Investment Rech Incorporated accumulated 0% or 795 shares. Gendell Jeffrey L accumulated 2.07% or 514,665 shares. Carroll Associates has 0% invested in the company for 1,377 shares. Bridgeway Cap owns 40,401 shares or 0.01% of their US portfolio. Banc Funds Communication Lc holds 0.16% or 137,887 shares in its portfolio.

Insider Transactions: Since July 29, 2016, the stock had 1 buying transaction, and 3 insider sales for $143,649 net activity. $9,027 worth of Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) shares were sold by PRICE BILLY L JR DR. 492 shares were bought by HOWARD DOUGLAS S, worth $10,768. ABERNETHY JAMES S sold $72,695 worth of stock.

Another recent and important Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) news was published by Globenewswire.com which published an article titled: “Peoples Bancorp Announces Cash Dividend” on November 18, 2016.

PEBK Company Profile

Peoples Bancorp of North Carolina, Inc., incorporated on April 7, 1999, is a holding firm for Peoples Bank (the Bank). The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities. The Bank has approximately 20 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville Raleigh and North Carolina. The Bank also operates loan production offices in Denver, Durham and Winston-Salem, North Carolina. The Bank has approximately $679.5 million loans, $272.2 million securities and $832.2 million deposits. The Bank operates approximately four offices focused on the Latino population under the name Banco de la Gente (Banco) and these offices are operated as a division of the Bank. Banco offers normal and customary banking services offered in the Bank’s other branches, such as the taking of deposits and the making of loans. The Bank operates a Banco loan production office in Durham County and a Banco loan production office in Forsyth County, which is designed to serve the Latino market.

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