Citizens Holding to Issue Quarterly Dividend of $0.16 (NASDAQ:CIZN)

Citizens Holding (NASDAQ:CIZN) declared a quarterly dividend on Tuesday, November 26th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.16 per share by the bank on Tuesday, December 31st. This represents a $0.64 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date is Monday, December 16th.

Citizens has decreased its dividend by an average of 9.1% per year over the last three years.

Citizens Stock Performance

CIZN traded up $0.18 during midday trading on Wednesday, reaching $8.75. The company had a trading volume of 1,035 shares, compared to its average volume of 5,445. The stock has a market cap of $49.35 million, a PE ratio of 14.05 and a beta of -0.02. Citizens has a 12-month low of $6.64 and a 12-month high of $10.50. The business has a 50-day moving average price of $8.85 and a two-hundred day moving average price of $8.48.

Citizens (NASDAQ:CIZN) last released its earnings results on Friday, October 25th. The bank reported $0.06 earnings per share for the quarter. Citizens had a net margin of 4.44% and a return on equity of 7.54%. The firm had revenue of $10.08 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Citizens in a research report on Monday. They issued a “sell” rating on the stock.

About Citizens

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.