Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 26, 2022 | $0.04 | 2022-08-11 | 2022-08-12 |
| May 27, 2022 | $0.04 | 2022-05-12 | 2022-05-13 |
| February 25, 2022 | $0.04 | 2022-02-09 | 2022-02-10 |
| November 29, 2021 | $0.04 | 2021-11-12 | 2021-11-15 |
| August 27, 2021 | $0.04 | 2021-08-12 | 2021-08-13 |
Dividends Summary
- Consistent Payer: has rewarded shareholders with 10 dividend payments over the past 2 years.
- Total Returned Value: Investors who held PVBC shares during this period received a total of $0.36 per share in dividend income.
- Latest Payout: The most recent dividend of $0.04/share was paid 1246 days ago, on August 26, 2022.
- Payment Schedule: PVBC currently distributes dividends on a quarterly basis.
- Dividend Growth: Since 2020, the dividend payout has grown by 33.3%, from $0.03 to $0.04.
- Dividend Reliability: PVBC has maintained or increased its dividend for 10 consecutive payments.
Company News
Law firm Halper Sadeh LLC is investigating potential securities law violations and fiduciary duty breaches for several companies involved in merger and acquisition transactions.
Provident Bancorp reported Q2 2025 net income of $2.8 million, up from $2.2 million in Q1 2025, driven by improved net interest income and a credit loss benefit. The bank is preparing for a merger with Needham Bank and completed a sale/leaseback of its main office building.
The M&A Class Action Firm is investigating the proposed mergers of Heliogen Inc. (HLGN), Know Labs Inc. (KNW), and Provident Bancorp Inc. (PVBC) with other companies. The firm is looking into the terms of the transactions and their impact on shareholders.
Halper Sadeh LLC is investigating whether the proposed acquisition of Provident Bancorp, Inc. by NB Bancorp, Inc. is fair to Provident shareholders.
Provident Bancorp, Inc. reported a decrease in net income for the March 31, 2025 quarter compared to the previous quarters, primarily due to a decline in net interest and dividend income and an increase in noninterest expense.
