JASPER, IN / ACCESSWIRE / April 5, 2019 / SVB&T Corporation (OTCQX: SVBT), the parent company of Springs Valley Bank & Trust Company, announced that its Board of Directors declared a quarterly dividend of $0.25 per share of the Corporation's common stock. The quarterly dividend is payable on or about July 15, 2019 to shareholders of record as of the close of business on June 14, 2019.
The dividend declared is a 5.26% annualized increase over the annual dividend paid in December 2018.
SVB&T Corporation is chartered at 8482 West State Road 56, French Lick, Indiana 47432, with administrative offices at 1500 Main Street, Jasper, Indiana 47546. Springs Valley has two locations in both Dubois and Orange Counties. Its subsidiary, Springs Valley Bank & Trust Company, offers full-service bank and trust services. Springs Valley has products and services for all types of families and businesses, including checking and savings accounts, certificates of deposit, electronic services, online mortgage applications and a variety of other loan options. In addition, Springs Valley has a full-service trust department managed by experienced, talented professionals specializing in estate planning, tax planning and wealth management. Investment Services are also offered by a licensed, professional Springs Valley representative. More information can be found online at www.svbt.bank. The company's stock is traded on the OTCQX trading platform under the ticker symbol: SVBT (www.otcmarkets.com).
Information conveyed in this press release regarding SVB&T Corporation's and its subsidiaries' anticipated future performance is forward-looking and therefore involves risks and uncertainties that could cause the results or developments to differ significantly from those indicated in these statements. These risks and uncertainties include, but are not limited to, risks and uncertainties inherent in general and local banking, as well as mortgage conditions, competitive factors specific to markets in which the company and its subsidiaries operate, future interest rate levels, changes in local real estate markets, legislative and regulatory decisions, capital market conditions and/or other factors.
Springs Valley Bank is a member of FDIC and is an Equal Housing Lender.
SOURCE: SVB&T Corporation