Sturgis Bancorp (OTCMKTS:STBI – Get Free Report) issued its earnings results on Tuesday. The financial services provider reported $0.91 earnings per share for the quarter, Zacks reports.
Sturgis Bancorp Trading Down 0.3 %
Shares of OTCMKTS:STBI traded down $0.05 on Tuesday, reaching $18.25. The company had a trading volume of 1,000 shares, compared to its average volume of 4,033. Sturgis Bancorp has a 52-week low of $15.74 and a 52-week high of $18.50. The firm has a market capitalization of $39.40 million, a PE ratio of 76.04 and a beta of 0.43. The firm’s 50 day simple moving average is $18.24 and its 200-day simple moving average is $17.76.
Sturgis Bancorp Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be issued a $0.17 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.73%. Sturgis Bancorp’s dividend payout ratio is presently 283.33%.
About Sturgis Bancorp
Sturgis Bancorp, Inc operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts.
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