Peoples Federal Bancshares Inc. Declares Quarterly Dividend of $0.04 (PEOP)
Peoples Federal Bancshares (NASDAQ:PEOP) declared a quarterly dividend on Wednesday, October 16th, Stock Ratings News reports. Investors of record on Friday, November 1st will be given a dividend of $0.04 per share on Friday, November 15th. This represents a $0.16 dividend on an annualized basis and a yield of 0.93%.
A number of research firms have recently commented on PEOP. Analysts at TheStreet downgraded shares of Peoples Federal Bancshares from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, October 2nd. On the ratings front, analysts at Raymond James downgraded shares of Peoples Federal Bancshares to a “market perform” rating in a research note to investors on Wednesday, July 24th. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Peoples Federal Bancshares from $23.00 to $25.00 in a research note to investors on Wednesday, July 24th. They now have an “outperform” rating on the stock.
Shares of Peoples Federal Bancshares (NASDAQ:PEOP) traded down 0.23% during mid-day trading on Wednesday, hitting $17.29. 6,776 shares of the company’s stock traded hands. Peoples Federal Bancshares has a one year low of $16.10 and a one year high of $19.28. The stock has a 50-day moving average of $17.6 and a 200-day moving average of $18.22. The company has a market cap of $100.3 million and a P/E ratio of 71.32.
Peoples Federal Bancshares, Inc will become the holding company of Peoples Federal Savings Bank upon completion of the mutual-to-stock conversion.
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