ENB Financial (OTCMKTS:ENBP) Stock Crosses Below Fifty Day Moving Average – What’s Next?

ENB Financial Corp (OTCMKTS:ENBP)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $17.06 and traded as low as $17.05. ENB Financial shares last traded at $17.40, with a volume of 500 shares.

ENB Financial Stock Performance

The company’s 50-day simple moving average is $17.06 and its 200 day simple moving average is $15.96.

ENB Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 15th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date of this dividend is Friday, November 15th. This is a positive change from ENB Financial’s previous quarterly dividend of $0.17. ENB Financial’s dividend payout ratio is 40.73%.

About ENB Financial

ENB Financial Corp operates as the bank holding company for Ephrata National Bank that provides various financial services to individuals and small-to-medium-sized businesses in Pennsylvania, the United States. The company's deposit products include non-interest bearing and interest-bearing demand deposits, NOW accounts, money market deposit accounts, savings accounts, and time deposits.