QNB Corp. (OTCMKTS:QNBC) Declares Dividend Increase – $0.38 Per Share

QNB Corp. (OTCMKTS:QNBC) declared a quarterly dividend on Tuesday, February 25th, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.38 per share by the financial services provider on Friday, March 28th. This represents a $1.52 annualized dividend and a yield of 4.34%. The ex-dividend date is Friday, March 14th. This is an increase from QNB’s previous quarterly dividend of $0.37.

QNB Trading Up 0.0 %

Shares of QNBC stock opened at $35.00 on Thursday. The stock has a market cap of $129.47 million, a P/E ratio of 11.22 and a beta of 0.50. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.66. QNB has a fifty-two week low of $21.39 and a fifty-two week high of $35.00. The business has a fifty day simple moving average of $34.08 and a 200-day simple moving average of $31.94.

QNB (OTCMKTS:QNBC) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. QNB had a net margin of 12.58% and a return on equity of 11.61%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.