Salisbury Bancorp, Inc. (SAL) to Issue Quarterly Dividend of $0.28 on February 23rd

Salisbury Bancorp, Inc. (NASDAQ:SAL) declared a quarterly dividend on Monday, January 29th, Wall Street Journal reports. Stockholders of record on Friday, February 9th will be given a dividend of 0.28 per share by the bank on Friday, February 23rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date is Thursday, February 8th.

Salisbury Bancorp (SAL) opened at $45.35 on Friday. Salisbury Bancorp has a 1-year low of $37.30 and a 1-year high of $50.00. The company has a market capitalization of $126.06, a PE ratio of 16.70 and a beta of 0.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.99 and a quick ratio of 0.99.

Salisbury Bancorp (NASDAQ:SAL) last released its quarterly earnings data on Friday, January 26th. The bank reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.21. Salisbury Bancorp had a return on equity of 7.82% and a net margin of 14.13%. The business had revenue of $10.21 million for the quarter, compared to the consensus estimate of $10.20 million. sell-side analysts forecast that Salisbury Bancorp will post 3.08 earnings per share for the current year.

A number of research analysts recently issued reports on SAL shares. Zacks Investment Research upgraded Salisbury Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, December 2nd. ValuEngine downgraded Salisbury Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 15th.

In related news, Director Michael D. Gordon sold 1,535 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $45.50, for a total transaction of $69,842.50. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Charles M. Andola sold 800 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $45.66, for a total value of $36,528.00. The disclosure for this sale can be found here. Insiders have sold a total of 3,892 shares of company stock worth $177,456 in the last 90 days. 19.14% of the stock is currently owned by company insiders.

ILLEGAL ACTIVITY WARNING: This piece of content was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of US & international copyright & trademark laws. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/02/03/salisbury-bancorp-inc-sal-to-issue-quarterly-dividend-of-0-28-on-february-23rd.html.

Salisbury Bancorp Company Profile

Salisbury Bancorp, Inc is a bank holding company for Salisbury Bank and Trust Company (the Bank). The Bank is a Connecticut-chartered and Federal Deposit Insurance Corporation (the FDIC) insured commercial bank. The Bank provides commercial banking, consumer financing, retail banking and trust and wealth advisory services through a network of over 10 banking offices and approximately nine automated teller machines (ATMs).

Dividend History for Salisbury Bancorp (NASDAQ:SAL)

Receive News & Ratings for Salisbury Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salisbury Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply