Citizens Holding (NASDAQ:CIZN) expects quarterly dividend of $0.24
Citizens holding (NASDAQ: CIZN – Get a rating) declared a quarterly dividend on Wednesday, May 25, Zacks reports. Investors of record on Thursday, June 16 will be paid a dividend of 0.24 per share by the bank on Thursday, June 30. This represents an annualized dividend of $0.96 and a dividend yield of 5.39%. The ex-date of this dividend is Wednesday, June 15.
Shares of NASDAQ CIZN opened at $17.81 on Friday. The company has a market capitalization of $99.81 million, a PE ratio of 13.10 and a beta of 0.05. The company’s 50-day moving average price is $18.51 and its 200-day moving average price is $18.32. Citizens has a 52 week low of $17.00 and a 52 week high of $21.75.
A number of hedge funds have recently increased or reduced their holdings in CIZN. Geode Capital Management LLC increased its position in Citizens by 8.9% in the third quarter. Geode Capital Management LLC now owns 29,180 shares of the bank valued at $545,000 after purchasing an additional 2,392 shares during the period. BlackRock Inc. increased its stake in Citizens by 4.1% during the 4th quarter. BlackRock Inc. now owns 14,962 shares of the bank valued at $280,000 after acquiring an additional 587 shares during the period. Finally, State Street Corp bought a new stake in Citizens in Q1 worth $207,000. Institutional investors and hedge funds own 19.89% of the company’s shares.
About Citizens (Get a rating)
Citizens Holding Company operates as a bank holding company for Citizens Bank of Philadelphia which provides various commercial and personal banking products and services. The company offers demand deposits, as well as savings and term deposit accounts. It also offers secured and unsecured loans; Mortgages; single and multi-family dwellings, farms, residential and commercial construction and commercial real estate loans; commercial, industrial and agricultural production loans; and consumer loans, as well as the issuance of letters of credit.
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