NASB Financial (OTCMKTS:NASB) Shares Pass Above Fifty Day Moving Average – Here’s Why

NASB Financial Inc. (OTCMKTS:NASB) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $35.06 and traded as high as $35.16. NASB Financial shares last traded at $35.15, with a volume of 753 shares.

NASB Financial Price Performance

The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $253.40 million, a price-to-earnings ratio of 9.50 and a beta of 0.07. The business’s 50 day simple moving average is $35.06 and its 200-day simple moving average is $34.40.

NASB Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 12th were given a dividend of $0.35 per share. This is a positive change from NASB Financial’s previous quarterly dividend of $0.25. This represents a $1.40 annualized dividend and a dividend yield of 4.0%. NASB Financial’s dividend payout ratio (DPR) is currently 37.84%.

About NASB Financial

NASB Financial, Inc operates as a unitary thrift holding company for North American Savings Bank, F.S.B. that provides various banking products and services in the United States. The company offers checking, savings, money market, and certificate of deposit accounts. It also mortgages and refinancing products, including conventional, veterans administration, federal housing administration, jumbo, and IRA residential real-estate loans.