Texas Community Bancshares, Inc. (NASDAQ:TCBS) Announces $0.04 Quarterly Dividend

Texas Community Bancshares, Inc. (NASDAQ:TCBS) declared a quarterly dividend on Tuesday, November 19th,RTT News reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.04 per share on Thursday, December 26th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.08%.

Texas Community Bancshares Stock Down 0.5 %

NASDAQ:TCBS traded down $0.07 on Tuesday, reaching $14.80. The stock had a trading volume of 4,563 shares, compared to its average volume of 2,697. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.20. Texas Community Bancshares has a 12-month low of $11.78 and a 12-month high of $15.24. The company has a 50-day moving average of $14.85 and a 200 day moving average of $14.39. The stock has a market cap of $46.18 million, a P/E ratio of -20.84 and a beta of 0.01.

Insider Transactions at Texas Community Bancshares

In related news, SVP Terri Baucum sold 1,954 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $13.75, for a total transaction of $26,867.50. Following the transaction, the senior vice president now directly owns 10,819 shares in the company, valued at $148,761.25. This trade represents a 15.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Anthony Scavuzzo bought 15,000 shares of the stock in a transaction on Monday, August 26th. The shares were acquired at an average price of $13.99 per share, with a total value of $209,850.00. Following the purchase, the director now owns 83,258 shares of the company’s stock, valued at $1,164,779.42. The trade was a 21.98 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 19.10% of the company’s stock.

Texas Community Bancshares Company Profile

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.