Ocean Shore Holding (OSHC) Announces Quarterly Dividend of $0.06
Ocean Shore Holding (NASDAQ:OSHC) declared a quarterly dividend on Wednesday, October 23rd, Stock Ratings Network.com reports. Investors of record on Friday, November 8th will be given a dividend of $0.06 per share on Friday, November 29th. This represents a $0.24 dividend on an annualized basis and a yield of 1.68%.
On a related note, analysts at Sandler O’Neill raised their price target on shares of Ocean Shore Holding from $15.00 to $16.00 in a research note to investors on Thursday, August 1st.
Shares of Ocean Shore Holding (NASDAQ:OSHC) traded up 0.85% on Wednesday, hitting $14.26. 2,747 shares of the company’s stock traded hands. Ocean Shore Holding has a 52-week low of $12.89 and a 52-week high of $15.99. The stock’s 50-day moving average is $14.82 and its 200-day moving average is $14.59. The company has a market cap of $92.9 million and a price-to-earnings ratio of 19.40.
Ocean Shore Holding (NASDAQ:OSHC) last announced its earnings results on Tuesday, July 30th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.15 by $0.06. Analysts expect that Ocean Shore Holding will post $0.78 EPS for the current fiscal year.
Ocean Shore Holding Co (NASDAQ:OSHC) is a federally chartered savings and loan holding company for Ocean City Home Bank, a federally chartered savings bank.
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