City Holding Co. Declares Quarterly Dividend of $0.40 (CHCO)
City Holding (NASDAQ:CHCO) announced a quarterly dividend on Monday, June 30th, StockRatingsNetwork.com reports. Shareholders of record on Tuesday, July 15th will be paid a dividend of 0.40 per share on Thursday, July 31st. This represents a $1.60 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Friday, July 11th.
On the ratings front, analysts at RBC Capital reiterated a “sector perform” rating on shares of City Holding in a research note on Wednesday, April 30th. They now have a $47.00 price target on the stock, up previously from $45.00.
Shares of City Holding (NASDAQ:CHCO) traded up 0.31% on Monday, hitting $45.12. 44,774 shares of the company’s stock traded hands. City Holding has a 1-year low of $38.91 and a 1-year high of $49.57. The stock has a 50-day moving average of $44.14 and a 200-day moving average of $44.5. The company has a market cap of $708.4 million and a price-to-earnings ratio of 13.28.
City Holding (NASDAQ:CHCO) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.08. Analysts expect that City Holding will post $3.30 EPS for the current fiscal year.
City Holding Company is a bank holding company. The Company conducts its principal activities through its wholly owned subsidiary, City National Bank of West Virginia (NASDAQ:CHCO).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.