Commercial National Financial (OTCMKTS:CEFC) Stock Price Down 2.3%

Commercial National Financial Co. (OTCMKTS:CEFC)’s stock price traded down 2.3% on Wednesday . The company traded as low as $8.56 and last traded at $8.56. 200 shares were traded during trading, a decline of 91% from the average session volume of 2,224 shares. The stock had previously closed at $8.76.

Commercial National Financial Stock Performance

The firm has a fifty day moving average price of $9.05 and a 200-day moving average price of $8.84.

Commercial National Financial (OTCMKTS:CEFC) last announced its quarterly earnings data on Friday, January 26th. The company reported $0.37 earnings per share (EPS) for the quarter. The firm had revenue of $5.02 million for the quarter.

Commercial National Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 6.58%. The ex-dividend date was Thursday, March 14th. Commercial National Financial’s payout ratio is presently 35.90%.

About Commercial National Financial

Commercial National Financial Corporation operates as the holding company for Commercial Bank that provides various banking products and services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. The company accepts various deposit products, including checking and savings accounts, individual retirement accounts, certificates of deposit, and health savings accounts.