Consumers Bancorp (OTCMKTS:CBKM) Share Price Crosses Below Fifty Day Moving Average – Here’s Why

Consumers Bancorp, Inc. (OTCMKTS:CBKM)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $19.21 and traded as low as $19.11. Consumers Bancorp shares last traded at $19.31, with a volume of 837 shares trading hands.

Consumers Bancorp Trading Down 1.8 %

The company has a 50 day simple moving average of $19.21 and a 200-day simple moving average of $18.48.

Consumers Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.94%. The ex-dividend date is Monday, February 24th. Consumers Bancorp’s dividend payout ratio is currently 44.08%.

About Consumers Bancorp

Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.