WAUSAU, Wis., Dec. 20, 2023 (GLOBE NEWSWIRE) -- PSB Holdings, Inc. (OTCQX:PSBQ), parent company of Peoples State Bank, is pleased to announce that on December 19, 2023, its Board of Directors declared a regular semi-annual cash dividend of $0.30 per share of the Company's common stock. The dividend is payable January 29, 2024 to shareholders of record as of January 10, 2024 and represents an increase of 20.0% over the $0.25 per share semi-annual cash dividend declared on December 20, 2022. The current dividend continues a 59-year tradition of cash dividends to PSB shareholders including 30 consecutive years of increased cash dividends declared per share.
PSB President and CEO Scott M. Cattanach said, "We are proud of our long history of growing dividend payments to shareholders. Our franchise remains on sound footing enabling us to make ...