SCBT Financial Corp. Announces Quarterly Dividend of $0.19 (SCBT)
SCBT Financial Corp. (NASDAQ:SCBT) declared a quarterly dividend on Tuesday, October 29th, Stock Ratings Network.com reports. Stockholders of record on Friday, November 15th will be given a dividend of $0.19 per share on Friday, November 22nd. This represents a $0.76 dividend on an annualized basis and a yield of 1.36%.
On a related note, analysts at SunTrust raised their price target on shares of SCBT Financial Corp. from $48.00 to $54.00 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. SCBT Financial Corp. has a consensus rating of “Buy” and an average target price of $55.60.
SCBT Financial Corp. (NASDAQ:SCBT) opened at 55.88 on Tuesday. SCBT Financial Corp. has a 1-year low of $36.90 and a 1-year high of $56.37. The stock’s 50-day moving average is $54.86 and its 200-day moving average is $51.35. The company has a market cap of $938.2 million and a P/E ratio of 23.66.
SCBT Financial Corp. (NASDAQ:SCBT) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.07. On average, analysts predict that SCBT Financial Corp. will post $2.96 earnings per share for the current fiscal year.
SCBT Financial Corporation (NASDAQ:SCBT) a bank holding company.
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