QNB Corp. (OTCMKTS:QNBC) Announces Quarterly Dividend of $0.38

QNB Corp. (OTCMKTS:QNBC) announced a quarterly dividend on Tuesday, May 20th, RTT News reports. Investors of record on Friday, June 13th will be given a dividend of 0.38 per share by the financial services provider on Friday, June 27th. This represents a $1.52 dividend on an annualized basis and a yield of 4.34%.

QNB Stock Performance

QNBC stock remained flat at $35.00 during trading hours on Tuesday. The company had a trading volume of 32 shares, compared to its average volume of 2,383. The firm has a 50 day moving average of $35.02 and a 200-day moving average of $34.21. QNB has a fifty-two week low of $22.56 and a fifty-two week high of $35.98. The firm has a market capitalization of $129.85 million, a P/E ratio of 11.22 and a beta of 0.49. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.66.

QNB (OTCMKTS:QNBC) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $0.69 earnings per share for the quarter. The business had revenue of $13.12 million during the quarter. QNB had a net margin of 12.58% and a return on equity of 11.61%.

QNB Company Profile

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.