ESSA Bancorp, Inc. (ESSA) To Go Ex-Dividend on March 17th

ESSA Bancorp, Inc. (NASDAQ:ESSA) declared a quarterly dividend on Tuesday, February 25th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.15 per share by the financial services provider on Monday, March 31st. This represents a $0.60 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend is Monday, March 17th.

ESSA Bancorp has raised its dividend by an average of 7.7% per year over the last three years.

ESSA Bancorp Stock Performance

ESSA opened at $19.30 on Friday. ESSA Bancorp has a 52-week low of $15.29 and a 52-week high of $22.22. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.04. The company has a market cap of $195.99 million, a P/E ratio of 11.09 and a beta of 0.40. The firm’s 50-day moving average price is $20.53 and its 200-day moving average price is $19.73.

ESSA Bancorp (NASDAQ:ESSA) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter. ESSA Bancorp had a net margin of 14.83% and a return on equity of 7.27%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on ESSA Bancorp in a research report on Monday, March 10th. They issued a “hold” rating on the stock.

ESSA Bancorp Company Profile

ESSA Bancorp, Inc operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts.