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

Citizens Holding (NASDAQ:CIZN) announced a quarterly dividend on Tuesday, November 26th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be paid 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 of this dividend is Monday, December 16th.

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

Citizens Price Performance

Shares of CIZN stock opened at $8.75 on Thursday. Citizens has a 12 month low of $6.64 and a 12 month high of $10.50. The firm has a market capitalization of $49.35 million, a P/E ratio of 14.34 and a beta of -0.02. The company’s fifty day moving average price is $8.85 and its two-hundred day moving average price is $8.48.

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

Wall Street Analysts Forecast Growth

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

Citizens Company Profile

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.