Texas Community Bancshares, Inc. (NASDAQ:TCBS) to Issue Quarterly Dividend of $0.05

Texas Community Bancshares, Inc. (NASDAQ:TCBS) announced a quarterly dividend on Tuesday, November 18th. Stockholders of record on Tuesday, December 2nd will be given a dividend of 0.05 per share on Tuesday, December 16th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, December 2nd. This is a 25.0% increase from Texas Community Bancshares’s previous quarterly dividend of $0.04.

Texas Community Bancshares Price Performance

NASDAQ TCBS opened at $15.70 on Wednesday. The business’s fifty day moving average is $16.15 and its 200 day moving average is $16.06. Texas Community Bancshares has a fifty-two week low of $14.80 and a fifty-two week high of $19.40. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $45.69 million, a PE ratio of 18.47 and a beta of 0.06.

Texas Community Bancshares (NASDAQ:TCBS) last issued its quarterly earnings results on Friday, November 7th. The company reported $0.24 EPS for the quarter. The business had revenue of $4.40 million during the quarter. Texas Community Bancshares had a return on equity of 4.77% and a net margin of 9.98%.

Texas Community Bancshares Company Profile

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.