AMERISERV FINANCIAL, INC. ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

Group 1 - AmeriServ Financial, Inc. declared a quarterly cash dividend of $0.03 per share, payable on August 19, 2024, to shareholders of record on August 5, 2024 [1] - The cash dividend represents an annualized yield of 4.65$2.58 on July 17, 2024 [1] - For the first half of 2024, the company's dividend payout ratio was 66.7% [1] Group 2 - AmeriServ Financial, Inc. is the parent company of AmeriServ Financial Bank and AmeriServ Trust and Financial Services Company, operating in Johnstown, Pennsylvania [1] - The company provides full-service banking and wealth management services through sixteen community offices in southwestern Pennsylvania and Hagerstown, Maryland [1] - As of June 30, 2024, AmeriServ had total assets of $1.4 billion and a book value of$6.28 per common share [1]