Commercial National Financial Corp (CNAF) Declares $0.26 Quarterly Dividend
Commercial National Financial Corp (OTCMKTS:CNAF) announced a quarterly dividend on Tuesday, May 21st, Zacks reports. Investors of record on Friday, May 31st will be given a dividend of 0.26 per share by the bank on Friday, June 7th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date is Thursday, May 30th.
Shares of CNAF traded down $0.41 on Friday, reaching $22.55. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 3,465. Commercial National Financial has a twelve month low of $19.95 and a twelve month high of $25.18. The firm has a market capitalization of $64.52 million, a PE ratio of 15.03 and a beta of 0.47.
Separately, ValuEngine upgraded shares of Commercial National Financial from a “sell” rating to a “hold” rating in a research note on Saturday, May 4th.
Commercial National Financial Corporation operates as a bank holding company for Commercial Bank & Trust of PA that provides various banking services in Pennsylvania. The company offers checking, money market investment, and savings accounts; and business-time deposits, as well as certificates of deposit.
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