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SEVERN BANCORP, INC.

(SVBI)
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SEVERN BANCORP INC : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

08/26/2020 | 04:23pm EDT

Item 7.01 Regulation FD Disclosure.

On August 26, 2020, Severn Bancorp, Inc. issued a press release announcing that the Board of Directors declared a cash dividend of four cents ($0.04) per share of common stock. The dividend is payable on September 15, 2020 to shareholders of record at the close of business on September 8, 2020. A copy of our press release is attached hereto as Exhibit 99.1 and hereby incorporated by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

99.1 Press Release of Severn Bancorp, Inc., dated August 26, 2020 announcing a cash dividend.

104 Cover Page Interactive Data File (formatted as Inline XBRL).

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2020 42,4 M - -
Net income 2020 6,71 M - -
Net cash 2020 128 M - -
P/E ratio 2020 13,7x
Yield 2020 2,24%
Capitalization 156 M 156 M -
EV / Sales 2019 1,98x
EV / Sales 2020 -0,85x
Nbr of Employees 181
Free-Float 77,3%
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Managers and Directors
NameTitle
Alan J. Hyatt Chairman, President & Chief Executive Officer
Vance W. Adkins Chief Financial Officer & Executive Vice President
John A. Lamon Independent Director
Konrad M. Wayson Vice Chairman
Mary Kathleen Sulick Independent Director
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