Bridge Bancorp Inc. (BDGE) Announces Quarterly Dividend of $0.23
Bridge Bancorp (NASDAQ:BDGE) announced a quarterly dividend on Thursday, July 3rd, AnalystRatings.Net reports. Shareholders of record on Thursday, July 17th will be paid a dividend of 0.23 per share on Thursday, July 31st. This represents a $0.92 annualized dividend and a dividend yield of 3.77%.
A number of research firms have recently commented on BDGE. Analysts at TheStreet upgraded shares of Bridge Bancorp from a “hold” rating to a “buy” rating in a research note on Monday, June 23rd. Analysts at Guggenheim upgraded shares of Bridge Bancorp from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Bridge Bancorp has an average rating of “Buy” and an average price target of $28.30.
Shares of Bridge Bancorp (NASDAQ:BDGE) traded up 0.41% on Thursday, hitting $24.40. The stock had a trading volume of 15,055 shares. Bridge Bancorp has a one year low of $20.60 and a one year high of $28.06. The stock’s 50-day moving average is $24.21 and its 200-day moving average is $25.11. The company has a market cap of $277.5 million and a price-to-earnings ratio of 23.99.
Bridge Bancorp (NASDAQ:BDGE) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.35. Analysts expect that Bridge Bancorp will post $1.39 EPS for the current fiscal year.
Bridge Bancorp, Inc is a bank holding company for The Bridgehampton National Bank (NASDAQ:BDGE).
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.