Consumers Bancorp (OTCMKTS:CBKM) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Consumers Bancorp, Inc. (OTCMKTS:CBKMGet Free Report)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $22.89 and traded as low as $22.65. Consumers Bancorp shares last traded at $23.90, with a volume of 1,561 shares traded.

Consumers Bancorp Trading Down 0.4%

The company’s 50-day moving average is $22.89 and its 200-day moving average is $21.17.

Consumers Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 25th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Consumers Bancorp’s previous quarterly dividend of $0.19. Consumers Bancorp’s payout ratio is 44.08%.

About Consumers Bancorp

(Get Free Report)

Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.

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