ACNB Corporation (NASDAQ:ACNB – Get Free Report) announced a quarterly dividend on Tuesday, July 28th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.42 per share by the bank on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 1st.
ACNB has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 8 consecutive years. ACNB has a dividend payout ratio of 36.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect ACNB to earn $5.66 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 29.7%.
ACNB Trading Down 1.6%
Shares of ACNB stock opened at $63.53 on Thursday. ACNB has a 1-year low of $40.80 and a 1-year high of $65.26. The company has a market cap of $648.64 million, a price-to-earnings ratio of 12.06 and a beta of 0.87. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.94 and a quick ratio of 0.93. The stock has a 50 day simple moving average of $58.17 and a 200-day simple moving average of $52.96.
ACNB Company Profile
ACNB Corporation is the bank holding company for ACNB Bank, a community-focused financial institution headquartered in Gettysburg, Pennsylvania. Tracing its roots to a local banking organization established in the 19th century, the company has evolved into a regional banking franchise serving individuals, families and businesses across south-central Pennsylvania. As a publicly traded company on NASDAQ under the ticker ACNB, it operates under a traditional community banking model, emphasizing personal service and local decision-making.
The company’s main business activities encompass a full range of retail and commercial banking products.
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