SVB&T declares quarterly dividend

From Local Sources

FRENCH LICK — SVB&T Corporation, the parent company of Springs Valley Bank & Trust Company, announced Friday that its board of directors declared a quarterly dividend of 25 cents per share of the corporation’s common stock. The quarterly dividend is payable on or about July 15 to shareholders of record as of the close of business on June 14.

The dividend declared is a 5.26 percent annualized increase over the annual dividend paid in December 2018.

SVB&T Corporation is headquartered in French Lick and has administrative offices in Jasper.

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