Citizens Holding (CIZN) to Issue Quarterly Dividend of $0.16 on March 31st

Citizens Holding (NASDAQ:CIZN) announced a quarterly dividend on Friday, March 14th, NASDAQ Dividends reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.16 per share by the bank on Monday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 6.27%. The ex-dividend date is Monday, March 17th.

Citizens has decreased its dividend payment by an average of 12.6% per year over the last three years.

Citizens Trading Up 1.7 %

NASDAQ:CIZN traded up $0.17 during mid-day trading on Friday, hitting $10.20. 330 shares of the company’s stock traded hands, compared to its average volume of 2,046. The firm has a 50 day moving average of $9.84 and a two-hundred day moving average of $9.30. Citizens has a 12 month low of $7.65 and a 12 month high of $11.00. The firm has a market capitalization of $57.50 million, a price-to-earnings ratio of 10.41 and a beta of -0.06.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Citizens in a report on Sunday, March 9th. They set a “sell” rating on the stock.

Citizens Company Profile

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.