Community Bancorp Inc (NASDAQ:CMTV) Declares $0.25 Quarterly Dividend

Community Bancorp Inc (NASDAQ:CMTV) announced a quarterly dividend on Wednesday, June 17th. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.25 per share on Saturday, August 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, July 15th.

Community Bancorp Price Performance

NASDAQ:CMTV remained flat at $41.25 during midday trading on Friday. 50,751 shares of the company were exchanged, compared to its average volume of 17,632. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.94. Community Bancorp has a 1-year low of $19.36 and a 1-year high of $42.92. The company’s fifty day moving average price is $38.45. The firm has a market capitalization of $230.59 million, a price-to-earnings ratio of 13.01 and a beta of 0.41.

Community Bancorp (NASDAQ:CMTV) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $0.78 earnings per share (EPS) for the quarter. The company had revenue of $12.69 million for the quarter. Community Bancorp had a return on equity of 15.98% and a net margin of 25.28%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wall Street Zen upgraded Community Bancorp to a “hold” rating in a research note on Saturday, March 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Community Bancorp in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

About Community Bancorp

Community Bancorp (NASDAQ: CMTV) is a bank holding company that provides commercial banking and related financial services through its subsidiary banking operations. The company focuses on deposit-taking and lending activities typical of community-oriented banks, serving the needs of individual customers, small and medium-sized businesses, and local organizations.

Its primary products and services include core deposit accounts, commercial and consumer lending, mortgage and real estate finance, and payment and treasury management services designed to support local business cash flow and day-to-day banking needs.