UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
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CODORUS VALLEY BANCORP, INC.
FORM 8-K
Item 8.01 Other Events
As announced in the attached press release, on April 13, 2021, the Board of Directors of Codorus Valley Bancorp, Inc. declared a regular quarterly cash dividend of $0.11 per common share, payable on May 11, 2021, to shareholders of record at the close of business on April 27, 2021. In addition, the Board of Directors declared a special cash dividend of $0.02 per common share, payable on May 11, 2021, to shareholders of record at the close of business on April 27, 2021.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
No. | Description |
99.1 | Press release of Codorus Valley Bancorp, Inc., dated April 14, 2021. |
2
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.
CODORUS VALLEY BANCORP, INC. | |||
Date: April 14, 2021 | By: | /s/ Larry D. Pickett | |
Larry D. Pickett, CPA | |||
Treasurer | |||
(Principal Financial and Accounting Officer) |
3
Exhibit 99.1
Codorus Valley Bancorp, Inc.
Declares Quarterly Cash Dividend and Special Dividend
FOR IMMEDIATE RELEASE -- York, Pennsylvania – April 14, 2021
On April 13, 2021, the Board of Directors of Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.11 per common share, payable on May 11, 2021, to shareholders of record at the close of business on April 27, 2021, which is the same as the prior quarter's regular cash dividend. In addition, the Board declared a special cash dividend of $0.02 per common share, payable on May 11, 2021, to shareholders of record at the close of business on April 27, 2021, which is the same as the prior quarter's special cash dividend.
With assets of over $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania. PeoplesBank offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. Codorus Valley Bancorp, Inc.'s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.
Questions or comments concerning this Press Release should be directed to:
Codorus Valley Bancorp, Inc. | |
Larry J. Miller, Chairman, President and CEO | Larry D. Pickett, CPA - Treasurer |
717-747-1500 | 717-747-1502 |
lmiller@peoplesbanknet.com | lpickett@peoplesbanknet.com |
Press Release
1 of 1
Codorus Valley Corporate Center
105 Leader Heights Road, York, PA 17403
717-747-1519
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Cover |
Apr. 13, 2021 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Apr. 13, 2021 |
Entity File Number | 0-15536 |
Entity Registrant Name | CODORUS VALLEY BANCORP, INC. |
Entity Central Index Key | 0000806279 |
Entity Tax Identification Number | 23-2428543 |
Entity Incorporation, State or Country Code | PA |
Entity Address, Address Line One | 105 Leader Heights Road |
Entity Address, Address Line Two | PO Box 2887 |
Entity Address, City or Town | York |
Entity Address, State or Province | PA |
Entity Address, Postal Zip Code | 17405-2887 |
City Area Code | 717 |
Local Phone Number | 747-1519 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, $2.50 par value |
Trading Symbol | CVLY |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
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