DIMECO, INC. Declares Cash Dividend

On March 23, 2023, The Board of Directors of Dimeco, Inc. (OTCQX: DIMC) declared a dividend of $.38 per share for the first quarter of 2023, which represents a dividend yield of 4.05% based on the closing stock price of $37.50. The dividend is payable on April 27, 2023, to shareholders of record on April 6, 2023. This dividend is an increase of $0.02 per share, or 5.56% over the dividend declared for the same period 2022. 

President and Chief Executive Officer Peter Bochnovich, stated, “Our shareholders’ investment is the foundation for the sustained growth of Dimeco, Inc. The increased dividend is our way to show that we value their continued support and commitment.”