Mountain Commerce Bancorp, Inc. (OTCMKTS:MCBI) Announces Quarterly Dividend of $0.05

Mountain Commerce Bancorp, Inc. (OTCMKTS:MCBI) declared a quarterly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Shareholders of record on Monday, February 3rd will be given a dividend of 0.05 per share by the bank on Monday, March 3rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend is Monday, February 3rd.

Mountain Commerce Bancorp Price Performance

Shares of MCBI traded up $0.30 during trading hours on Wednesday, reaching $21.50. 4,250 shares of the company traded hands, compared to its average volume of 9,750. The business has a fifty day moving average price of $21.39 and a 200-day moving average price of $20.47. Mountain Commerce Bancorp has a 12-month low of $16.15 and a 12-month high of $21.99.

About Mountain Commerce Bancorp

Mountain Commerce Bancorp, Inc operates as the holding company for Mountain Commerce Bank that provides banking services for small- and medium-sized businesses, professionals, and affluent individuals. It offers checking and savings accounts; certificates of deposit; and mortgage loans, personal loans and lines of credit, commercial real estate loans, small business administration loans, equipment lending, operating lines of credit, and credit cards.