Central Bancompany (NASDAQ:CBC) to Issue Quarterly Dividend of $0.14

Central Bancompany (NASDAQ:CBC) announced a quarterly dividend on Monday, November 2nd. Stockholders of record on Friday, November 20th will be given a dividend of $0.14 per share on Tuesday, December 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, November 20th. This is a 16.7% increase from Central Bancompany’s previous quarterly dividend of $0.12.

Central Bancompany Stock Performance

Shares of CBC stock remained flat at $36.85 during midday trading on Tuesday. 1,300,023 shares of the stock were exchanged, compared to its average volume of 745,319. The business’s fifty day moving average price is $32.73 and its 200 day moving average price is $28.71. The stock has a market cap of $8.83 billion and a price-to-earnings ratio of 19.60. Central Bancompany has a 52 week low of $21.99 and a 52 week high of $37.41.

Central Bancompany (NASDAQ:CBC) last released its quarterly earnings results on Tuesday, October 27th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.01). The firm had revenue of $285.43 million during the quarter. Central Bancompany had a return on equity of 11.74% and a net margin of 34.30%. As a group, equities research analysts expect that Central Bancompany will post 1.90 EPS for the current year.

Central Bancompany Company Profile

Central Bancompany, Inc is a bank holding company headquartered in Jefferson City, Missouri. Through its banking subsidiaries, the company provides financial services to individuals, businesses and institutions, with a focus on community banking and relationship-based service.

Its offerings generally include personal and business deposit accounts, consumer and commercial lending, residential mortgages, treasury management, online and mobile banking, and other traditional banking services.