Mid Penn Bancorp (MPB) to Issue Special Dividend of $0.10 on January 5th
Mid Penn Bancorp (NASDAQ:MPB) announced a special dividend on Wednesday, November 22nd, Wall Street Journal reports. Shareholders of record on Thursday, December 21st will be paid a dividend of 0.10 per share by the financial services provider on Friday, January 5th. This represents a yield of 1.97%. The ex-dividend date is Wednesday, December 20th.
Shares of Mid Penn Bancorp (MPB) opened at $33.10 on Friday. Mid Penn Bancorp has a 12-month low of $22.25 and a 12-month high of $35.75. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $142.07, a PE ratio of 13.09 and a beta of 0.46.
Separately, ValuEngine cut Mid Penn Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.
About Mid Penn Bancorp
Mid Penn Bancorp, Inc (Mid Penn) is the bank holding company for Mid Penn Bank (the Bank). The Bank engages in a full-service commercial banking and trust business, providing a range of financial services, including mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, community development loans, loans to non-profit entities and local government loans, and various types of time and demand deposits, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit and individual retirement accounts (IRAs).
Receive News & Ratings for Mid Penn Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid Penn Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.