Prime Meridian Holding (PMHG) to Issue Annual Dividend of $1.00 on February 28th

Prime Meridian Holding (OTCMKTS:PMHG) announced an annual dividend on Thursday, January 16th,NASDAQ Dividends reports. Stockholders of record on Friday, February 7th will be paid a dividend of 1.00 per share on Friday, February 28th. This represents a dividend yield of 3.57%. The ex-dividend date of this dividend is Friday, February 7th. This is an increase from Prime Meridian’s previous annual dividend of $0.25.

Prime Meridian Stock Performance

Shares of PMHG traded down $0.11 during mid-day trading on Wednesday, hitting $27.89. 3,151 shares of the company’s stock were exchanged, compared to its average volume of 1,973. Prime Meridian has a fifty-two week low of $20.15 and a fifty-two week high of $30.99. The business’s 50 day moving average is $28.98 and its two-hundred day moving average is $26.61. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $91.76 million, a P/E ratio of 10.89 and a beta of 0.51.

Prime Meridian (OTCMKTS:PMHG) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.65 earnings per share for the quarter. Prime Meridian had a net margin of 16.86% and a return on equity of 10.05%.

Prime Meridian Company Profile

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.