Citizens & Northern Co. (NASDAQ:CZNC) declared a dividend on Friday, October 19th, Fidelity reports. Investors of record on Monday, October 29th will be given a dividend of 0.27 per share by the financial services provider on Friday, November 9th. The ex-dividend date of this dividend is Friday, October 26th.
Citizens & Northern has a dividend payout ratio of 67.9% indicating that its dividend is sufficiently covered by earnings.
NASDAQ:CZNC opened at $25.37 on Friday. The firm has a market cap of $311.59 million, a P/E ratio of 17.62 and a beta of 0.44. Citizens & Northern has a one year low of $22.00 and a one year high of $28.99. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.14.
Citizens & Northern (NASDAQ:CZNC) last released its earnings results on Thursday, October 18th. The financial services provider reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.01). Citizens & Northern had a net margin of 25.48% and a return on equity of 9.31%.
Several equities analysts recently commented on the stock. BidaskClub upgraded shares of Citizens & Northern from a “sell” rating to a “hold” rating in a research note on Friday, October 5th. Sandler O’Neill set a $29.00 target price on shares of Citizens & Northern and gave the company a “hold” rating in a research note on Monday, July 23rd.
Citizens & Northern Company Profile
Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides a range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York. The company offers deposit products, including various types of checking accounts, passbook and statement savings accounts, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposits, as well as non-insured RepoSweep accounts.
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