CB Financial Services, Inc. (NASDAQ:CBFV) announced a quarterly dividend on Thursday, November 16th, Wall Street Journal reports. Shareholders of record on Friday, December 8th will be given a dividend of 0.22 per share by the bank on Monday, December 18th. This represents a $0.88 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend is Thursday, December 7th.
Shares of CB Financial Services (NASDAQ CBFV) opened at $30.41 on Friday. CB Financial Services has a fifty-two week low of $23.53 and a fifty-two week high of $30.50. The stock has a market capitalization of $124.44, a PE ratio of 16.45, a price-to-earnings-growth ratio of 1.66 and a beta of 0.36. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.26.
A hedge fund recently raised its stake in CB Financial Services stock. Vanguard Group Inc. grew its holdings in CB Financial Services, Inc. (NASDAQ:CBFV) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,052 shares of the bank’s stock after acquiring an additional 1,021 shares during the period. Vanguard Group Inc. owned about 1.54% of CB Financial Services worth $1,645,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 19.94% of the company’s stock.
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Several equities analysts have recently commented on CBFV shares. Zacks Investment Research upgraded CB Financial Services from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Tuesday, August 22nd. Keefe, Bruyette & Woods restated a “hold” rating and issued a $30.00 price objective on shares of CB Financial Services in a research report on Wednesday, November 1st.
About CB Financial Services
CB Financial Services, Inc is the bank holding company for Community Bank (the Bank). The Company operates in community banking segment. The Bank offers residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a range of deposit products for individuals and businesses in its market area.
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