QNB Corp. (OTCMKTS:QNBC) Plans Quarterly Dividend of $0.37

QNB Corp. (OTCMKTS:QNBC) declared a quarterly dividend on Tuesday, May 21st, NASDAQ reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.37 per share by the financial services provider on Friday, June 28th. This represents a $1.48 annualized dividend and a yield of 6.30%. The ex-dividend date is Friday, June 14th.

QNB Price Performance

QNBC stock traded down $0.02 during trading on Wednesday, hitting $23.48. 300 shares of the company’s stock traded hands, compared to its average volume of 2,281. The business has a fifty day simple moving average of $23.59 and a 200 day simple moving average of $24.36. The stock has a market capitalization of $85.94 million, a price-to-earnings ratio of 10.73 and a beta of 0.49. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.74 and a current ratio of 0.74. QNB has a 52 week low of $21.39 and a 52 week high of $27.64.

QNB (OTCMKTS:QNBC) last released its earnings results on Tuesday, April 23rd. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. The firm had revenue of $12.00 million during the quarter. QNB had a net margin of 10.12% and a return on equity of 9.38%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.