MVB Financial Corp. Declares Fourth Quarter 2019 Dividend
20 Novembre 2019 - 10:15PM
Business Wire
MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a
quarterly cash dividend of $0.07 per share payable on December 15,
2019, to shareholders of record at the close of business on
December 1, 2019.
This is the fourth quarterly dividend for 2019 and includes a
40% increase in dividends, compared to the previous quarter
dividend payout.
“Over the past couple years, we have significantly increased our
dividend payout as one more way we can create added value for our
shareholders. We are very grateful for their continued, meaningful
support, and we are committed to be their trusted partner on the
financial frontier,” said Larry F. Mazza, CEO and President, MVB
Financial Corp.
About MVB Financial Corp.
MVB Financial Corp. (“MVB Financial” or “MVB”), the holding
company of MVB Bank, is publicly traded on The Nasdaq Capital
Market® under the ticker “MVBF.” Nasdaq is a leading global
provider of trading, clearing, exchange technology, listing,
information and public company services. Through its subsidiary,
MVB Bank, Inc., and the bank’s subsidiaries, MVB Mortgage, MVB
Community Development Corporation and Chartwell Compliance, the
company provides financial services to individuals and corporate
clients in the Mid-Atlantic region and beyond. Chartwell Compliance
is one of the world’s leading specialist firms in state and federal
compliance and market entry facilitation for firms entering into or
expanding in North America, serving many of the most high-profile
providers of the Fintech industry. For more information about MVB,
please visit ir.mvbbanking.com.
Forward-looking Statements
MVB Financial Corp. has made forward-looking statements, within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, in this Press Release. These forward-looking statements
are based on current expectations about the future and subject to
risks and uncertainties. Forward-looking statements include
information concerning possible or assumed future results of
operations of the Company and its subsidiaries. When words such as
"believes," "expects," "anticipates," "may," or similar expressions
occur in this Press Release, the Company is making forward-looking
statements. Note that many factors could affect the future
financial results of the Company and its subsidiaries, both
individually and collectively, and could cause those results to
differ materially from those expressed in the forward-looking
statements contained in this Press Release. Those factors include,
but are not limited to: credit risk, changes in market interest
rates, inability to achieve merger-related synergies, competition,
economic downturn or recession, and government regulation and
supervision. Additional factors that may cause our actual results
to differ materially from those described in our forward-looking
statements can be found in the Company’s Annual Report on Form 10-K
for the year ended December 31, 2018, as well as its other filings
with the SEC, which are available on the SEC website at
www.sec.gov. Except as required by law, the Company undertakes no
obligation to update or revise any forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20191120005661/en/
MEDIA CONTACT Amy Baker VP, Corporate Communications
abaker@mvbbanking.com (844) 682-2265
INVESTOR RELATIONS CONTACT Marcie Lipscomb
mlipscomb@mvbbanking.com (844) 682-2265
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