Texas Community Bancshares, Inc. (TCBS) to Issue Quarterly Dividend of $0.04 on December 26th

Texas Community Bancshares, Inc. (NASDAQ:TCBS) announced a quarterly dividend on Tuesday, November 19th,RTT News reports. Investors of record on Thursday, December 12th will be given a dividend of 0.04 per share on Thursday, December 26th. This represents a $0.16 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Thursday, December 12th.

Texas Community Bancshares Price Performance

NASDAQ:TCBS opened at $14.80 on Thursday. The firm’s fifty day moving average price is $14.85 and its two-hundred day moving average price is $14.40. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.20. Texas Community Bancshares has a one year low of $11.78 and a one year high of $15.24.

Insiders Place Their Bets

In other Texas Community Bancshares news, Director Anthony Scavuzzo bought 15,000 shares of the firm’s stock in a transaction on Monday, August 26th. The shares were purchased at an average price of $13.99 per share, for a total transaction of $209,850.00. Following the transaction, the director now directly owns 83,258 shares in the company, valued at approximately $1,164,779.42. This trade represents a 21.98 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Terri Baucum sold 3,000 shares of Texas Community Bancshares stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $14.26, for a total transaction of $42,780.00. Following the completion of the sale, the senior vice president now owns 7,819 shares of the company’s stock, valued at approximately $111,498.94. The trade was a 27.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 19.10% of the company’s stock.

About Texas Community Bancshares

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.