Texas Community Bancshares, Inc. (NASDAQ:TCBS) Director Anthony Scavuzzo Purchases 2,807 Shares of Stock

Texas Community Bancshares, Inc. (NASDAQ:TCBS) Director Anthony Scavuzzo bought 2,807 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average cost of $15.00 per share, with a total value of $42,105.00. Following the acquisition, the director now directly owns 86,065 shares in the company, valued at $1,290,975. This trade represents a 3.37 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Texas Community Bancshares Price Performance

NASDAQ:TCBS opened at $14.99 on Thursday. The stock has a market cap of $46.71 million, a PE ratio of -21.11 and a beta of 0.01. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.20. The business’s 50-day simple moving average is $14.93 and its two-hundred day simple moving average is $14.53. Texas Community Bancshares, Inc. has a 52 week low of $12.61 and a 52 week high of $15.29.

Texas Community Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Thursday, December 12th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.07%. The ex-dividend date is Thursday, December 12th. Texas Community Bancshares’s dividend payout ratio (DPR) is presently -22.54%.

About Texas Community Bancshares

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.