Shares of Sturgis Bancorp, Inc. (OTCMKTS:STBI – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $18.23 and traded as high as $18.35. Sturgis Bancorp shares last traded at $18.30, with a volume of 3,851 shares changing hands.
Sturgis Bancorp Price Performance
The stock has a market capitalization of $39.53 million, a P/E ratio of 76.25 and a beta of 0.43. The business’s 50 day simple moving average is $18.23 and its 200-day simple moving average is $17.73.
Sturgis Bancorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 14th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.68 dividend on an annualized basis and a yield of 3.72%. Sturgis Bancorp’s payout ratio is presently 283.33%.
Sturgis Bancorp Company Profile
Sturgis Bancorp, Inc operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts.
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