CBB Bancorp, Inc. (OTCMKTS:CBBI) Announces Dividend Increase – $0.10 Per Share

CBB Bancorp, Inc. (OTCMKTS:CBBI) announced a quarterly dividend on Thursday, October 24th, NASDAQ reports. Stockholders of record on Friday, November 8th will be given a dividend of 0.10 per share on Friday, November 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date is Friday, November 8th. This is a boost from CBB Bancorp’s previous quarterly dividend of $0.08.

CBB Bancorp Stock Up 2.5 %

Shares of CBB Bancorp stock traded up $0.25 during trading on Friday, reaching $10.27. The company’s stock had a trading volume of 44,045 shares, compared to its average volume of 14,116. The company has a market cap of $108.74 million, a price-to-earnings ratio of 3.97 and a beta of 0.55. CBB Bancorp has a 1-year low of $9.22 and a 1-year high of $10.55. The company has a 50-day simple moving average of $10.35 and a two-hundred day simple moving average of $9.98.

CBB Bancorp (OTCMKTS:CBBI) last posted its quarterly earnings data on Friday, July 26th. The company reported $0.51 earnings per share for the quarter. The business had revenue of $17.70 million during the quarter.

CBB Bancorp Company Profile

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards.