On August 16, 2023, Muncy Bank Financial Inc. (MYBF) announced a 2.6% dividend hike to $0.40 quarterly per share. This marks the 23rd consecutive year of increased dividends by MYBF. The dividend yield is 4.2% at a stock price of $37. The next ex-dividend date will be September 1, 2023.
The third quarter dividend is payable September 15, 2023 to MYBF shareholders of record September 5, 2023. Robert J. Glunk, Chairman of the Board/President & CEO of Muncy Bank Financial, Inc. has announced that the Company’s Board of Directors declared a third quarter 2023 cash dividend of $0.40 per share compared to $0.39 for the same period in 2022.
The third quarter 2023 dividend represents the 352nd consecutive dividend payout dating back to 1935. Muncy Bank Financial Inc. has increased its dividend payout since 1990.
Muncy Bank Financial Inc. is a holding company of The Muncy Bank & Trust Company. The Company is involved in providing commercial, mortgage, residential real estate and consumer loan financing, as well as deposit, investment and trust services to its customers. Muncy Bank offices are located in the communities of Muncy, Clarkstown, Hughesville, Montoursville, Dewart, Avis, Linden, Montgomery and South Williamsport.