SR Bancorp, Inc. Announces Quarterly Dividend of $0.05 (NASDAQ:SRBK)

SR Bancorp, Inc. (NASDAQ:SRBK) declared a quarterly dividend on Thursday, December 18th. Investors of record on Wednesday, December 31st will be paid a dividend of 0.05 per share on Thursday, January 15th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, December 31st.

SR Bancorp Trading Up 1.2%

SRBK traded up $0.20 during trading on Thursday, hitting $16.75. 22,395 shares of the stock were exchanged, compared to its average volume of 41,858. SR Bancorp has a 1 year low of $11.36 and a 1 year high of $17.10. The firm has a market cap of $142.83 million, a price-to-earnings ratio of 45.26 and a beta of 0.55. The firm has a 50 day simple moving average of $15.24 and a 200 day simple moving average of $14.58. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.02 and a current ratio of 1.02.

SR Bancorp (NASDAQ:SRBK) last posted its quarterly earnings results on Wednesday, November 20th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $8.39 million for the quarter. SR Bancorp had a return on equity of 1.42% and a net margin of 6.28%.

About SR Bancorp

SR Bancorp, Inc operates as the holding company for Somerset Regal Bank that provides customary retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Somerset, Middlesex, Hunterdon, and Essex counties in New Jersey. It offers deposit instruments, including noninterest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit.