Croghan Bancshares (OTCMKTS:CHBH) Shares Down 4% – Here’s Why

Croghan Bancshares, Inc. (OTCMKTS:CHBHGet Free Report)’s stock price traded down 4% during mid-day trading on Monday . The stock traded as low as $49.78 and last traded at $50.03. 448 shares changed hands during trading, a decline of 66% from the average session volume of 1,310 shares. The stock had previously closed at $52.09.

Croghan Bancshares Stock Down 4.0%

The stock has a fifty day moving average price of $49.94 and a 200-day moving average price of $49.21.

Croghan Bancshares Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 31st. Investors of record on Monday, October 13th were paid a $0.59 dividend. The ex-dividend date of this dividend was Friday, October 10th. This represents a yield of 472.0%. This is an increase from Croghan Bancshares’s previous dividend of $0.58. Croghan Bancshares’s dividend payout ratio (DPR) is currently 37.35%.

Croghan Bancshares Company Profile

(Get Free Report)

Croghan Bancshares, Inc operates as the holding company for the Croghan Colonial Bank, a state-chartered bank that provides a range of commercial and retail banking services to individuals and business clients in Ohio. It offers personal and business checking accounts, savings accounts, and time deposit accounts, as well as safe deposit box and trust department services.

See Also

Receive News & Ratings for Croghan Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Croghan Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.