Commercial National Financial (OTCMKTS:CEFC) Stock Price Up 1.2%

Commercial National Financial Co. (OTCMKTS:CEFC) was up 1.2% during mid-day trading on Wednesday . The stock traded as high as $8.50 and last traded at $8.50. Approximately 234 shares changed hands during trading, a decline of 88% from the average daily volume of 1,964 shares. The stock had previously closed at $8.40.

Commercial National Financial Stock Up 1.2 %

The stock’s fifty day simple moving average is $8.85 and its 200 day simple moving average is $8.87.

Commercial National Financial (OTCMKTS:CEFC) last posted its quarterly earnings results on Friday, April 26th. The company reported $0.29 EPS for the quarter. The company had revenue of $5.03 million during the quarter.

Commercial National Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were given a dividend of $0.14 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.56 annualized dividend and a dividend yield of 6.59%. Commercial National Financial’s payout ratio is 37.84%.

About Commercial National Financial

Commercial National Financial Corporation operates as the holding company for Commercial Bank that provides various banking products and services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. The company accepts various deposit products, including checking and savings accounts, individual retirement accounts, certificates of deposit, and health savings accounts.