CNB Financial (NASDAQ:CCNEP) Trading Up 0% – Still a Buy?

CNB Financial Co. (NASDAQ:CCNEP)’s stock price rose 0% during trading on Thursday . The company traded as high as $25.00 and last traded at $25.0010. Approximately 214 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 1,211 shares. The stock had previously closed at $25.00.

CNB Financial Stock Up 0.7%

The firm’s fifty day moving average is $24.77 and its 200 day moving average is $24.88.

CNB Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Saturday, November 15th were given a dividend of $0.4453 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $1.78 annualized dividend and a dividend yield of 7.1%. This is a boost from CNB Financial’s previous quarterly dividend of $0.45.

CNB Financial Company Profile

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania, and operates through its subsidiary, CNB Bank. The company provides a full range of financial services to individual and commercial customers, including deposit accounts, consumer and commercial lending, mortgage banking, and treasury management solutions. Through its branch network and digital banking platforms, CNB Financial seeks to deliver personalized service and local decision-making across its footprint.

Founded in 1874, CNB Financial has built a regional presence in central and western Pennsylvania, maintaining branches in communities such as Clearfield, Centre, Cambria, Jefferson and Indiana counties.