CBB Bancorp, Inc. (OTCMKTS:CBBI) Declares Quarterly Dividend of $0.10

CBB Bancorp, Inc. (OTCMKTS:CBBI) declared a quarterly dividend on Thursday, October 24th, NASDAQ reports. Stockholders of record on Friday, November 8th will be given a dividend of 0.10 per share on Friday, November 22nd. This represents a $0.40 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Friday, November 8th. This is a positive change from CBB Bancorp’s previous quarterly dividend of $0.08.

CBB Bancorp Stock Performance

CBBI stock traded up $0.25 during trading on Friday, reaching $10.27. The company had a trading volume of 44,045 shares, compared to its average volume of 14,116. CBB Bancorp has a twelve month low of $9.22 and a twelve month high of $10.55. The company has a market cap of $108.74 million, a price-to-earnings ratio of 3.97 and a beta of 0.55. The firm has a 50-day simple moving average of $10.35 and a 200-day simple moving average of $9.98.

CBB Bancorp (OTCMKTS:CBBI) last announced its quarterly earnings results on Friday, July 26th. The company reported $0.51 earnings per share (EPS) for the quarter. The firm had revenue of $17.70 million for the quarter.

CBB Bancorp Company Profile

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards.