Texas Community Bancshares, Inc. (NASDAQ:TCBS) Announces Quarterly Dividend of $0.04

Texas Community Bancshares, Inc. (NASDAQ:TCBS) declared a quarterly dividend on Tuesday, November 19th,RTT News reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.04 per share on Thursday, December 26th. This represents a $0.16 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Thursday, December 12th.

Texas Community Bancshares Stock Performance

Shares of TCBS opened at $14.80 on Thursday. The business’s fifty day moving average is $14.85 and its 200-day moving average is $14.40. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.20. Texas Community Bancshares has a 52-week low of $11.78 and a 52-week high of $15.24.

Insiders Place Their Bets

In related news, SVP Terri Baucum sold 3,000 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $14.26, for a total value of $42,780.00. Following the completion of the sale, the senior vice president now directly owns 7,819 shares in the company, valued at $111,498.94. This represents a 27.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Anthony Scavuzzo purchased 15,000 shares of the firm’s stock in a transaction dated Monday, August 26th. The stock was bought at an average cost of $13.99 per share, with a total value of $209,850.00. Following the purchase, the director now owns 83,258 shares of the company’s stock, valued at approximately $1,164,779.42. This trade represents a 21.98 % increase in their position. The disclosure for this purchase can be found here. Insiders own 19.10% of the company’s stock.

About Texas Community Bancshares

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.