PSB Holdings, Inc. Increases Semi-Annual Cash Dividend, Payable on July 29, 2022
June 22, 2022 at 04:00 pm EDT
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PSB Holdings, Inc. announced that on June 21, 2022, its Board of Directors declared a regular semi-annual cash dividend of $0.25 per share of the Company's common stock. The dividend is payable July 29, 2022 to shareholders of record as of July 15, 2022 and represents an increase of 8.7% over the $0.23 per share semi-annual cash dividend declared on June 15, 2021. The current dividend continues a 58-year tradition of cash dividends to PSB shareholders including 29 consecutive years of increased cash dividends declared per share.
PSB Holdings, Inc. is a holding company for Peoples State Bank (Peoples). Peoples is a community bank, which serves north central and southeastern Wisconsin with 10 full-service banking locations in Marathon, Oneida, Vilas, Milwaukee and Waukesha counties and a loan production office in Stevens Point, Wisconsin. Peoples also provides investment and insurance products, along with retirement planning services, through Peoples Wealth Management, a division of Peoples. Its commercial and industrial loans, municipal loans and agricultural loans are primarily for working capital, physical asset expansion and asset acquisition loans. Its commercial real estate loans are primarily secured by owner and non-owner-occupied office and industrial buildings, warehouses, small retail shopping facilities and various special purpose properties, including hotels and restaurants. Its construction and land development loans are secured by vacant land and/or property that is in the process of improvement.
PSB HOLDINGS, INC. 
