USCB Financial Holdings, Inc. (USCB) to Issue Quarterly Dividend of $0.12 on December 4th

USCB Financial Holdings, Inc. (NASDAQ:USCB) declared a quarterly dividend on Monday, October 19th. Stockholders of record on Monday, November 16th will be given a dividend of $0.1250 per share on Friday, December 4th. This represents a $0.50 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, November 16th.

USCB Financial has a payout ratio of 28.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect USCB Financial to earn $2.36 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 21.2%.

USCB Financial Trading Up 1.1%

NASDAQ:USCB opened at $22.49 on Wednesday. The company has a market capitalization of $415.39 million, a P/E ratio of 14.80 and a beta of 0.45. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.20. USCB Financial has a 12 month low of $16.82 and a 12 month high of $23.89. The firm has a fifty day simple moving average of $22.57 and a 200-day simple moving average of $20.74.

USCB Financial (NASDAQ:USCB) last issued its earnings results on Thursday, July 23rd. The company reported $0.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.49. USCB Financial had a return on equity of 15.77% and a net margin of 17.24%. The company had revenue of $27.95 million during the quarter, compared to analyst estimates of $26.74 million. On average, equities research analysts anticipate that USCB Financial will post 2.09 earnings per share for the current year.

USCB Financial Company Profile

USCB Financial Corp. is the bank holding company for U.S. Century Bank, a community bank headquartered in Miami, Florida. Through its banking subsidiary, the company provides financial services to individuals, families, professionals and businesses, with a focus on relationship-based banking.

U.S. Century Bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts. Its lending services include commercial real estate, commercial and industrial, residential real estate and consumer loans.