StockNews.com began coverage on shares of Citizens (NASDAQ:CIZN – Free Report) in a research note published on Tuesday morning. The brokerage issued a sell rating on the bank’s stock.
Citizens Stock Performance
NASDAQ:CIZN opened at $7.99 on Tuesday. Citizens has a 1 year low of $7.65 and a 1 year high of $11.00. The business has a fifty day moving average of $9.72 and a 200-day moving average of $9.26. The stock has a market cap of $45.04 million, a price-to-earnings ratio of 8.15 and a beta of -0.06.
Citizens Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 21st will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 8.01%. The ex-dividend date is Monday, March 17th. Citizens’s dividend payout ratio is currently 8.16%.
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.
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