New Peoples Bankshares, Inc. (OTCMKTS:NWPP – Get Free Report)’s share price shot up 4.8% during mid-day trading on Wednesday . The stock traded as high as $2.60 and last traded at $2.60. 2,000 shares traded hands during trading, a decline of 74% from the average session volume of 7,815 shares. The stock had previously closed at $2.48.
New Peoples Bankshares Stock Performance
The stock has a fifty day simple moving average of $2.49 and a 200-day simple moving average of $2.46.
New Peoples Bankshares Increases Dividend
The company also recently declared a dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a $0.07 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from New Peoples Bankshares’s previous dividend of $0.06. This represents a yield of 2.8%.
New Peoples Bankshares Company Profile
New Peoples Bankshares, Inc operates as a financial holding company for New Peoples Bank, Inc that provides general banking services to individuals, small to medium size businesses, and the professional community in the United States. It offers demand, interest-bearing demand, savings, money market, health savings, and individual retirement deposit accounts, as well as certificate of deposit.
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