Mountain Commerce Bancorp (OTCMKTS:MCBI) Stock Price Up 1.8% – Here’s Why

Mountain Commerce Bancorp, Inc. (OTCMKTS:MCBI) was up 1.8% during mid-day trading on Monday . The stock traded as high as $21.50 and last traded at $21.50. Approximately 200 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 4,516 shares. The stock had previously closed at $21.12.

Mountain Commerce Bancorp Stock Up 1.8 %

The firm has a fifty day simple moving average of $21.13 and a two-hundred day simple moving average of $19.96.

Mountain Commerce Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 4th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend was Monday, November 4th. Mountain Commerce Bancorp’s dividend payout ratio is presently 12.50%.

About Mountain Commerce Bancorp

Mountain Commerce Bancorp, Inc operates as the holding company for Mountain Commerce Bank that provides banking services for small- and medium-sized businesses, professionals, and affluent individuals. It offers checking and savings accounts; certificates of deposit; and mortgage loans, personal loans and lines of credit, commercial real estate loans, small business administration loans, equipment lending, operating lines of credit, and credit cards.