Evans Bancorp Inc. Declares Semiannual Dividend of $0.31 (EVBN)
Evans Bancorp (NASDAQ:EVBN) announced a semiannual dividend on Wednesday, February 26th, Analyst RN reports. Shareholders of record on Tuesday, March 18th will be paid a dividend of 0.31 per share on Tuesday, April 8th. This represents a dividend yield of 2.76%. The ex-dividend date is Friday, March 14th. This is a positive change from Evans Bancorp’s previous semiannual dividend of $0.26.
On the ratings front, analysts at Sandler O’Neill raised their price target on shares of Evans Bancorp from $1.00 to $26.00 in a research note on Friday, February 7th.
Shares of Evans Bancorp (NASDAQ:EVBN) traded down 1.10% during mid-day trading on Wednesday, hitting $22.45. The stock had a trading volume of 1,057 shares. Evans Bancorp has a 1-year low of $17.20 and a 1-year high of $24.87. The stock’s 50-day moving average is $22.77 and its 200-day moving average is $20.81. The company has a market cap of $95.7 million and a P/E ratio of 12.27.
Evans Bancorp (NASDAQ:EVBN) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.39 EPS for the quarter. On average, analysts predict that Evans Bancorp will post $1.95 earnings per share for the current fiscal year.
Evans Bancorp, Inc is a financial holding company. The Company’s primary business is the operation of its subsidiaries.
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