Texas Community Bancshares, Inc. to Issue Quarterly Dividend of $0.04 (NASDAQ:TCBS)

Texas Community Bancshares, Inc. (NASDAQ:TCBS) announced a quarterly dividend on Tuesday, August 27th, Zacks reports. Stockholders of record on Thursday, September 12th will be paid a dividend of 0.04 per share on Thursday, September 26th. This represents a $0.16 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Thursday, September 12th.

Texas Community Bancshares Price Performance

Shares of TCBS stock traded up $0.20 during trading hours on Thursday, reaching $14.20. The stock had a trading volume of 18,150 shares, compared to its average volume of 2,703. The stock’s fifty day simple moving average is $14.04 and its 200 day simple moving average is $14.13. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $45.27 million and a PE ratio of -17.56. Texas Community Bancshares has a 12 month low of $11.78 and a 12 month high of $15.24.

Insider Buying and Selling

In other news, COO Haskell Strange sold 1,900 shares of the business’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $14.30, for a total transaction of $27,170.00. Following the completion of the transaction, the chief operating officer now owns 7,873 shares of the company’s stock, valued at $112,583.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, SVP Terri Baucum sold 1,954 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $13.75, for a total transaction of $26,867.50. Following the transaction, the senior vice president now directly owns 10,819 shares in the company, valued at approximately $148,761.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Haskell Strange sold 1,900 shares of Texas Community Bancshares stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $14.30, for a total transaction of $27,170.00. Following the transaction, the chief operating officer now directly owns 7,873 shares in the company, valued at $112,583.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,441 shares of company stock worth $133,076. Corporate insiders own 19.10% of the company’s stock.

Texas Community Bancshares Company Profile

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.