Plumas Bancorp (PLBC) To Go Ex-Dividend on August 3rd

Plumas Bancorp (NASDAQ:PLBC) declared a quarterly dividend on Wednesday, July 15th. Stockholders of record on Monday, August 3rd will be given a dividend of 0.33 per share by the financial services provider on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, August 3rd.

Plumas Bancorp has increased its dividend by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Plumas Bancorp has a dividend payout ratio of 23.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Plumas Bancorp to earn $5.85 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 22.6%.

Plumas Bancorp Stock Performance

Shares of NASDAQ:PLBC traded down $1.08 during trading on Friday, reaching $60.88. 36,264 shares of the stock were exchanged, compared to its average volume of 47,422. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.06. The firm has a market cap of $424.36 million, a PE ratio of 11.95 and a beta of 0.59. The stock has a 50-day moving average price of $55.35 and a 200-day moving average price of $51.64. Plumas Bancorp has a 12 month low of $39.70 and a 12 month high of $63.74.

Plumas Bancorp (NASDAQ:PLBC) last released its earnings results on Wednesday, July 15th. The financial services provider reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.04. Plumas Bancorp had a return on equity of 15.63% and a net margin of 27.39%.The firm had revenue of $28.76 million during the quarter, compared to the consensus estimate of $28.02 million. Research analysts expect that Plumas Bancorp will post 5.64 EPS for the current fiscal year.

About Plumas Bancorp

Plumas Bancorp (NASDAQ:PLBC) is a bank holding company headquartered in Quincy, California, and the parent of Plumas Bank. The company focuses on community banking, delivering personalized financial solutions to individuals, families, small businesses and agricultural clients. Through its subsidiary, Plumas Bank offers a comprehensive range of deposit and lending products designed to meet the unique needs of customers in Northern California’s rural and semi-rural markets.

Plumas Bank’s product lineup includes checking and savings accounts, money market funds and certificates of deposit, alongside a variety of consumer lending options such as residential mortgages, home equity lines of credit and installment loans.