ACNB Corporation (NASDAQ: ACNB) has announced an increase in its regular quarterly cash dividend, with the board of directors approving and declaring a dividend of $0.38 per share of ACNB Corporation common stock. This represents an 11.8% increase, or $0.04, over the prior quarter's cash dividend of $0.34 per share and an 18.8% increase, or $0.06, over the $0.32 cash dividend in the fourth quarter of 2024.
James P. Helt, President & Chief Executive Officer of ACNB Corporation, expressed confidence in the company's strong financial performance, noting that the increase in the quarterly dividend reflects the board's confidence in the company. He highlighted the consistent growth in quarterly dividends, with the amount of cash dividends paid out per share increasing by 90.0% since 2017, from a quarterly cash dividend of $0.20 to the current $0.38.
ACNB Corporation, a financial holding company with a market capitalization of $3.26 billion, operates through its wholly-owned subsidiaries, including ACNB Bank and ACNB Insurance Services, Inc. ACNB Bank provides banking and wealth management services through a network of 33 community banking offices and one limited purpose office in Pennsylvania and Maryland, while ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 46 states.
The increase in the quarterly dividend reflects the company's commitment to disciplined capital management and delivering sustainable returns for its shareholders. This announcement underscores the corporation's history of quarterly dividend payments over many decades and its focus on providing a competitive return on investment for its shareholders.
The dividend payout is scheduled for December 15, 2025, to shareholders of record as of December 1, 2025. Today the company's shares have moved -1.63% to a price of $43.57. If you want to know more, read the company's complete 8-K report here.