The Herald, Sharon, Pa.

Business

May 22, 2014

Business briefs from May 22, 2014

- — FNB declares dividend, elects directors

HERMITAGE – FNB Corp. announced Wednesday it declared a quarterly cash dividend of 12 cents a share on FNB common stock. The dividend is payable June 15, to shareholders of record on June 2.

Also, at FNB’s annual shareholder meeting held Wednesday in Hermitage, the following directors were elected to serve a term of one year expiring in 2015: William B. Campbell, James D. Chiafullo, Vincent J. Delie Jr., Laura E. Ellsworth, Robert B. Goldstein, Stephen J. Gurgovits, David J. Malone, D. Stephen Martz, Robert J. McCarthy Jr., David L. Motley, Arthur J. Rooney II, John W. Rose, John S. Stanik, William J. Strimbu and Earl K. Wahl Jr.

Headquartered in Hermitage, FNB is a regional diversified financial services company operating in six states. The company also owns First National Bank of Pennsylvania which also is based in Hermitage.

FNB’s stock closed Wednesday at $12.16 a share, up 6 cents or 0.5 percent. The announcement was made after the stock market closed.

Based on Wednesday’s closing price, the annualized yield on the stock is 3.94 percent.

Emclaire Financial Corp. declares dividend

EMLENTON – Emclaire Financial Corp., the holding company of Farmers National Bank of Emlenton, on Wednesday declared a quarterly cash dividend of 22 cents a common share payable on June 20 to shareholders of record on June 2.

Farmers National Bank operates 14 full-service offices in Mercer, Venango, Butler, Clarion, Clearfield, Crawford, Elk and Jefferson counties. The quarterly dividend reflects an annualized yield of 3.5 percent based on the stock’s closing price of $25.40 a share on Tuesday.

Emclaire’s stock is listed on NASDAQ under the symbol: EMCF.

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