Area bank reveals dividend
Muncy Bank Financial Inc. has announced that the company’s board of directors declared a fourth quarter 2016 cash dividend of $0.30 per share, according to a news release. This is a total dividend payout of $1.14 for 2016. This represents a 14 percent increase over the 2015 dividend payout. The fourth quarter 2016 dividend represents the 325th consecutive dividend payout dating back to 1935. Muncy Bank Financial Inc. has also increased its dividend payout for the last 26 years.
The dividend is payable December 15, 2016 to shareholders of record November 30, 2016.
Muncy Bank Financial, Inc. is the bank holding company for The Muncy Bank and Trust Co. The Muncy Bank and Trust Co. serves customers through their retail banking, commercial banking, and financial services divisions. Muncy Bank offices are located in the communities of Muncy, Clarkstown, Hughesville, Montoursville and Dewart, with plans to open full service offices in Linden and Avis in 2017.