Commercial Bancgroup, Inc. (NASDAQ:CBK) Plans Quarterly Dividend of $0.12

Commercial Bancgroup, Inc. (NASDAQ:CBK) announced a quarterly dividend on Monday, July 27th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.12 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 20.0% increase from Commercial Bancgroup’s previous quarterly dividend of $0.10.

Commercial Bancgroup Stock Up 1.3%

Commercial Bancgroup stock opened at $33.55 on Tuesday. The firm has a market cap of $459.63 million and a price-to-earnings ratio of 15.11. Commercial Bancgroup has a 52 week low of $23.24 and a 52 week high of $34.46. The business’s 50-day moving average price is $31.42 and its 200 day moving average price is $28.30. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.25.

Commercial Bancgroup (NASDAQ:CBK) last announced its quarterly earnings results on Monday, July 27th. The company reported $0.75 earnings per share for the quarter.

Commercial Bancgroup Company Profile

We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976. The Bank is a full-service community banking institution that offers traditional consumer and commercial products and services to serve businesses and individuals in select markets in Kentucky, North Carolina, and Tennessee.