Clifton Bancorp Inc. (CSBK) to Issue $0.06 Quarterly Dividend

Clifton Bancorp Inc. (NASDAQ:CSBK) declared a quarterly dividend on Thursday, July 28th. Investors of record on Friday, August 12th will be given a dividend of 0.06 per share on Friday, August 26th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, August 10th.

Clifton Bancorp (NASDAQ:CSBK) traded up 0.80% on Thursday, hitting $15.13. The company had a trading volume of 34,294 shares. The firm has a market capitalization of $346.28 million and a PE ratio of 68.77. The firm has a 50-day moving average price of $14.97 and a 200-day moving average price of $14.79. Clifton Bancorp has a 12-month low of $13.09 and a 12-month high of $15.43.

Clifton Bancorp (NASDAQ:CSBK) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by $0.02. On average, equities research analysts anticipate that Clifton Bancorp will post $0.27 earnings per share for the current fiscal year.

Separately, Compass Point lifted their price target on Clifton Bancorp from $16.00 to $16.50 and gave the company a “buy” rating in a report on Wednesday, May 11th.

Clifton Bancorp Inc, formerly Clifton Savings Bancorp, Inc, is a savings and loan holding company that operates through its subsidiary, Clifton Savings Bank (Clifton Savings). Clifton Savings is a federally chartered savings bank. Clifton Savings operate as a community-oriented financial institution offering traditional financial services to consumers and businesses in the market area.