Citizens Holding (CIZN) to Issue Quarterly Dividend of $0.16 on December 30th

Citizens Holding (NASDAQ:CIZN) announced a quarterly dividend on Tuesday, November 26th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be paid a dividend of 0.16 per share by the bank on Monday, December 30th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.74%. The ex-dividend date is Monday, December 16th.

Citizens has decreased its dividend by an average of 9.1% annually over the last three years.

Citizens Trading Up 5.5 %

Shares of NASDAQ CIZN opened at $9.50 on Friday. Citizens has a 1-year low of $6.64 and a 1-year high of $9.65. The company has a 50-day moving average of $8.88 and a two-hundred day moving average of $8.58. The company has a market cap of $53.55 million, a PE ratio of 15.57 and a beta of -0.02.

Citizens (NASDAQ:CIZN) last posted its quarterly earnings results on Friday, October 25th. The bank reported $0.06 earnings per share (EPS) for the quarter. Citizens had a return on equity of 7.23% and a net margin of 4.44%. The business had revenue of $10.08 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Citizens in a research note on Wednesday. They set a “sell” rating on the stock.

Citizens Company Profile

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.