CB Financial Services, Inc. (CBFV) to Issue Quarterly Dividend of $0.28 on August 28th

CB Financial Services, Inc. (NASDAQ:CBFVGet Free Report) declared a quarterly dividend on Monday, July 27th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.28 per share by the bank on Friday, August 28th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 14th.

CB Financial Services has increased its dividend payment by an average of 0.0%per year over the last three years. CB Financial Services has a dividend payout ratio of 50.5% meaning its dividend is sufficiently covered by earnings. Analysts expect CB Financial Services to earn $3.44 per share next year, which means the company should continue to be able to cover its $1.12 annual dividend with an expected future payout ratio of 32.6%.

CB Financial Services Trading Up 1.7%

NASDAQ:CBFV opened at $38.02 on Wednesday. The company has a 50-day moving average price of $36.81 and a 200-day moving average price of $35.75. The stock has a market cap of $193.14 million, a price-to-earnings ratio of 28.16 and a beta of 0.28. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. CB Financial Services has a 12 month low of $30.06 and a 12 month high of $38.86.

CB Financial Services (NASDAQ:CBFVGet Free Report) last announced its quarterly earnings results on Monday, July 27th. The bank reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.09. The company had revenue of $15.53 million for the quarter, compared to analysts’ expectations of $15.40 million. CB Financial Services had a net margin of 8.52% and a return on equity of 10.17%. Equities analysts predict that CB Financial Services will post 3.21 EPS for the current year.

About CB Financial Services

(Get Free Report)

CB Financial Services, Inc is a bank holding company headquartered in the Kansas City metropolitan area. Through its subsidiary, Community Bank & Trust, F.S.B., the company provides a comprehensive suite of retail and commercial banking services. Its primary focus is meeting the financial needs of individuals, small businesses and agricultural clients within its regional footprint.

The company’s deposit product lineup includes checking accounts, savings accounts, money market accounts and certificates of deposit.

See Also

Dividend History for CB Financial Services (NASDAQ:CBFV)

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