BCB Bancorp, Inc. (NASDAQ:BCBP) to Issue $0.14 Quarterly Dividend
BCB Bancorp, Inc. (NASDAQ:BCBP) declared a quarterly dividend on Tuesday, January 21st, Zacks reports. Shareholders of record on Friday, February 7th will be paid a dividend of 0.14 per share by the bank on Friday, February 21st. This represents a $0.56 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend is Thursday, February 6th.
BCB Bancorp has a payout ratio of 47.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect BCB Bancorp to earn $1.20 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 46.7%.
Shares of BCB Bancorp stock traded down $0.15 on Thursday, hitting $13.70. 697 shares of the company traded hands, compared to its average volume of 22,841. The firm’s 50-day simple moving average is $13.86 and its 200 day simple moving average is $13.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.64. The company has a market cap of $227.65 million, a P/E ratio of 11.14 and a beta of 0.81. BCB Bancorp has a 12-month low of $10.91 and a 12-month high of $14.96.
BCB Bancorp Company Profile
BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank, a state-chartered commercial bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including interest and non-interest bearing demand, NOW, savings and club, money market, term certificate, interest bearing checking, and individual retirement accounts.
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