Peoples Financial Services Corp. (PFIS) To Go Ex-Dividend on August 31st

Peoples Financial Services Corp. (NASDAQ:PFISGet Free Report) announced a quarterly dividend on Friday, July 31st. Stockholders of record on Monday, August 31st will be paid a dividend of 0.625 per share by the financial services provider on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, August 31st.

Peoples Financial Services has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 8 consecutive years. Peoples Financial Services has a payout ratio of 39.4% indicating that its dividend is sufficiently covered by earnings.

Peoples Financial Services Stock Up 0.2%

Shares of PFIS stock opened at $69.63 on Friday. The stock’s fifty day moving average price is $68.83 and its 200 day moving average price is $60.97. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.99 and a quick ratio of 0.99. Peoples Financial Services has a 1-year low of $43.64 and a 1-year high of $73.37. The company has a market cap of $697.00 million, a price-to-earnings ratio of 7.89 and a beta of 0.75.

Peoples Financial Services (NASDAQ:PFISGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.64 by ($0.16). Peoples Financial Services had a return on equity of 17.27% and a net margin of 20.66%.The business had revenue of $97.74 million during the quarter, compared to analyst estimates of $52.35 million.

Peoples Financial Services Company Profile

(Get Free Report)

Peoples Financial Services Corporation is the bank holding company for PeoplesBank, a community-focused commercial bank headquartered in Holyoke, Massachusetts. Through its wholly owned subsidiary, PeoplesBank, PFIS offers a full suite of banking services to individuals, small businesses, and commercial clients. These services include deposit accounts, consumer and residential mortgage lending, commercial and industrial lending, and treasury management solutions.

Founded in 1842, PeoplesBank has grown organically and through selective acquisitions to become a prominent community bank in Western Massachusetts and Northern Connecticut.

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Dividend History for Peoples Financial Services (NASDAQ:PFIS)

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