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.
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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).
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