Bridge Bancorp Inc. Declares Quarterly Dividend of $0.23 (BDGE)
Bridge Bancorp (NASDAQ:BDGE) announced a quarterly dividend on Friday, October 4th, ARN reports. Shareholders of record on Friday, October 18th will be paid a dividend of $0.23 per share on Friday, November 1st. This represents a $0.92 annualized dividend and a dividend yield of 4.25%.
On the ratings front, analysts at Guggenheim initiated coverage on shares of Bridge Bancorp (NASDAQ:BDGE) in a research note to investors on Tuesday, August 20th. They set a “buy” rating and a $25.00 price target on the stock.
Shares of Bridge Bancorp (NASDAQ:BDGE) traded up 1.83% on Friday, hitting $21.65. The stock had a trading volume of 207,808 shares. Bridge Bancorp has a 52-week low of $18.75 and a 52-week high of $24.99. The stock has a 50-day moving average of $21.53 and a 200-day moving average of $21.73. The company has a market cap of $192.9 million and a price-to-earnings ratio of 14.48.
Bridge Bancorp, Inc is a bank holding company for The Bridgehampton National Bank (NASDAQ:BDGE).
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