Press Release | March 27, 2006
CSB Bancorp, Inc. Increases First Quarter Cash Dividend
MILLERSBURG, OH – March 27, 2006 – CSB Bancorp, Inc., (CSBB.OB) today announced that the Company’s Board of Directors has declared a first quarter cash dividend of $.16 per share on its common stock, payable April 21, 2006 to shareholders of record as of April 6, 2006. Additionally, the Company expects to release first quarter operating results on or about April 20, 2006.
“This cash dividend reflects an increase of $.02 or 14% over the $.14 per share paid first quarter 2005,” stated Paula J. Meiler, Senior Vice President and Chief Financial Officer. “The increased dividend reflects the Company’s continuing commitment to enhance shareholder return.”
CSB Bancorp, Inc. is a $320 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. CSB is located on the web at http://www.csb1.com.
Paula Meiler, SVP and CFO