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Stock Market & Financial Investment News

News Breaks
April 23, 2013
16:13 EDTASRVAmeriserve Financial reinstates quarterly common stock cash dividend of 1c per share
AmeriServ Financial announced at its annual meeting that its board approved the reinstatement of a 1c per share quarterly common stock cash dividend. The cash dividend is payable May 20 to shareholders of record on May 6. This cash dividend represents a 1.3% annualized yield using the April 22 closing common stock price of $3.05 and represents an approximate payout ratio of 20% based upon the company's recently reported Q1 EPS of 5c.
News For ASRV From The Last 14 Days
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December 11, 2014
16:35 EDTASRVAmeriserve Financial CEO Glenn Wilson resigning, succeeded by Jeffrey Stopko
AmeriServ Financial CEO Glenn L. Wilson will resign from his position effective January 9, 2015. Wilson will also step down as a director of the company, and from all director, committee membership, officer and other positions that he has with the company and each of its subsidiaries. Wilson's resignation did not result from any disagreement he has with the company. The Board of Directors has appointed, effective January 9, 2015, Jeffrey A. Stopko as interim President and CEO of AmeriServ Financial and James T. Huerth as interim President and CEO of AmeriServ Financial Bank until permanent successors for Mr. Wilson are named. Stopko has served as Executive VP and CFO since 1997.

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