Citizens Financial Services Inc. Plans Quarterly Dividend of $0.51 (NASDAQ:CZFS)

Citizens Financial Services Inc. (NASDAQ:CZFS) announced a quarterly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be given a dividend of 0.51 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, September 11th.

Citizens Financial Services has increased its dividend payment by an average of 0.0%per year over the last three years. Citizens Financial Services has a dividend payout ratio of 28.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Citizens Financial Services to earn $8.81 per share next year, which means the company should continue to be able to cover its $2.04 annual dividend with an expected future payout ratio of 23.2%.

Citizens Financial Services Stock Down 0.8%

CZFS stock opened at $82.26 on Wednesday. The firm has a market cap of $395.67 million, a PE ratio of 9.62 and a beta of 0.36. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.01 and a current ratio of 1.02. The firm’s 50 day moving average price is $77.81 and its 200-day moving average price is $69.12. Citizens Financial Services has a one year low of $52.35 and a one year high of $84.65.

Citizens Financial Services (NASDAQ:CZFS) last issued its quarterly earnings data on Thursday, July 30th. The company reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.14. The company had revenue of $29.71 million during the quarter, compared to analyst estimates of $29.30 million. Citizens Financial Services had a return on equity of 12.06% and a net margin of 23.31%. On average, equities research analysts anticipate that Citizens Financial Services will post 8.72 EPS for the current year.

Citizens Financial Services Company Profile

Citizens Financial Services, Inc (NASDAQ:CZFS) is a bank holding company headquartered in Elderton, Pennsylvania, providing a range of retail and commercial banking services through its primary subsidiary, Citizens Savings Bank. The company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, supported by online and mobile banking platforms tailored to personal and business clients.

Beyond deposit-taking, Citizens Financial Services underwrites a variety of lending products, including residential mortgage loans, home equity financing, commercial real estate loans, construction lending and consumer installment loans.