Cape Bancorp Inc. (CBNJ) Declares Quarterly Dividend of $0.06
Cape Bancorp (NASDAQ:CBNJ) declared a quarterly dividend on Tuesday, October 22nd, AR Network reports. Shareholders of record on Monday, November 4th will be given a dividend of $0.06 per share on Monday, November 18th. This represents a $0.24 dividend on an annualized basis and a yield of 2.62%.
On the ratings front, analysts at Zacks upgraded shares of Cape Bancorp from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, October 7th. They now have a $10.40 price target on the stock.
Shares of Cape Bancorp (NASDAQ:CBNJ) opened at 9.17 on Tuesday. Cape Bancorp has a 52-week low of $8.16 and a 52-week high of $9.98. The stock has a 50-day moving average of $9.13 and a 200-day moving average of $9.24. The company has a market cap of $112.7 million and a P/E ratio of 22.42.
Cape Bancorp, Inc (NASDAQ:CBNJ) is the bank holding company of Cape Bank (the Bank).
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