VersaBank (TSE:VBN – Get Free Report) announced a quarterly dividend on Thursday, September 5th, Zacks reports. Stockholders of record on Friday, October 4th will be given a dividend of 0.025 per share on Thursday, October 31st. This represents a $0.10 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, October 4th.
VersaBank Price Performance
VersaBank (TSE:VBN – Get Free Report) last posted its quarterly earnings results on Wednesday, June 5th. The company reported C$0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.44 by C$0.01. The firm had revenue of C$28.50 million for the quarter, compared to analysts’ expectations of C$29.10 million.
Analyst Upgrades and Downgrades
Separately, Keefe, Bruyette & Woods raised VersaBank to a “moderate buy” rating in a report on Tuesday, August 27th.
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