CBB Bancorp, Inc. (CBBI) to Issue Quarterly Dividend of $0.10 on November 22nd

CBB Bancorp, Inc. (OTCMKTS:CBBI) declared a quarterly dividend on Thursday, October 24th, NASDAQ reports. Investors of record on Friday, November 8th will be given a dividend of 0.10 per share on Friday, November 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date is Friday, November 8th. This is an increase from CBB Bancorp’s previous quarterly dividend of $0.08.

CBB Bancorp Price Performance

OTCMKTS:CBBI traded up $0.25 during mid-day trading on Friday, reaching $10.27. The stock had a trading volume of 44,045 shares, compared to its average volume of 14,116. The business’s 50 day moving average is $10.35 and its 200 day moving average is $9.98. CBB Bancorp has a fifty-two week low of $9.22 and a fifty-two week high of $10.55. The stock has a market cap of $108.74 million, a P/E ratio of 3.97 and a beta of 0.55.

CBB Bancorp (OTCMKTS:CBBI) last announced its quarterly earnings results on Friday, July 26th. The company reported $0.51 EPS for the quarter. The company had revenue of $17.70 million for the quarter.

CBB Bancorp Company Profile

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards.