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Press Release | March 25, 2005
CSB Bancorp, Inc. Increases First Quarter Cash Dividend
MILLERSBURG, OH – March 25, 2005 – CSB Bancorp, Inc., (CSBB.OB) today announced that the Company’s Board of Directors has declared a first quarter cash dividend of $.14 per share on its common stock, payable April 20, 2005 to shareholders of record as of April 4, 2005. Additionally, the Company expects to release first quarter operating results on or about April 20, 2005.
“This cash dividend reflects an increase of $.01 or 7.7% over the $.13 per share paid first quarter 2004,” stated John J. Limbert, President and Chief Executive Officer. “The increased dividend reflects the Company’s strategic commitment to enhance shareholder return.”
CSB Bancorp, Inc. is a $315 million bank holding company with its headquarters located in Millersburg, Ohio and is the parent company of The Commercial and Savings Bank. The Bank operates nine banking centers serving Holmes, Tuscarawas, and Wayne Counties. The Bank opened a Trust & Loan Production Office at 146 East Liberty Street in Wooster, Ohio on March 01, 2005. CSB is located on the web at http://www.csb1.com.
Paula Meiler, Sr. V.P. and CFO