Citizens Holding (NASDAQ:CIZN) Announces Quarterly Dividend of $0.24

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Citizens Holding (NASDAQ:CIZN) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Tuesday, December 17th will be paid a dividend of 0.24 per share by the bank on Tuesday, December 31st. This represents a $0.96 annualized dividend and a dividend yield of 4.40%. The ex-dividend date is Monday, December 16th.

Shares of NASDAQ:CIZN traded down $0.42 during trading on Wednesday, hitting $21.83. 6,159 shares of the company were exchanged, compared to its average volume of 4,342. The stock has a market capitalization of $123.95 million, a P/E ratio of 19.32 and a beta of -0.10. Citizens has a 12-month low of $19.05 and a 12-month high of $23.89. The firm’s 50 day moving average price is $20.92 and its 200-day moving average price is $20.71.

Citizens (NASDAQ:CIZN) last issued its quarterly earnings data on Thursday, October 24th. The bank reported $0.27 earnings per share for the quarter. The business had revenue of $8.43 million during the quarter. Citizens had a net margin of 13.32% and a return on equity of 6.11%.

Separately, ValuEngine downgraded shares of Citizens from a “hold” rating to a “sell” rating in a research report on Tuesday.

About Citizens

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. The company offers demand deposits, as well as savings and time deposit accounts. It also provides secured and unsecured loans; mortgage loans; installment loans; credit card loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.

See Also: Retained Earnings

Dividend History for Citizens (NASDAQ:CIZN)

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