This is Why Civista Bancshares (CIVB) is a Great Dividend Stock

Company Overview - Civista Bancshares (CIVB) is a bank holding company headquartered in Sandusky, with a year-to-date price change of 0.19% [3] - The company currently pays a dividend of $0.16 per share, resulting in a dividend yield of 3.23%, which is higher than the Banks - Midwest industry's yield of 2.77% and the S&P 500's yield of 1.51% [3] Dividend Performance - Civista Bancshares has an annualized dividend of$ 0.68, reflecting a 6.3% increase from the previous year [4] - Over the past five years, the company has increased its dividend two times year-over-year, with an average annual increase of 9.51% [4] - The current payout ratio is 32%, indicating that the company paid out 32% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Civista Bancshares' earnings in 2025 is $2.21 per share, with an expected increase of 9.95% from the previous year [5] Investment Appeal - Civista Bancshares is considered a compelling investment opportunity due to its attractive dividend yield and strong earnings growth potential [7] - The stock holds a strong Zacks Rank of 1 (Strong Buy), indicating positive market sentiment [7]