Cape Bancorp, Inc. (CBNJ) Declares Quarterly Dividend of $0.06
Cape Bancorp (NASDAQ:CBNJ) declared a quarterly dividend on Tuesday, July 22nd, Analyst Ratings.Net reports. Stockholders of record on Friday, August 8th will be given a dividend of 0.06 per share on Monday, August 18th. This represents a $0.24 dividend on an annualized basis and a yield of 2.30%.
On the ratings front, analysts at Zacks upgraded shares of Cape Bancorp from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 1st. They now have a $11.50 price target on the stock.
Shares of Cape Bancorp (NASDAQ:CBNJ) traded up 0.19% during mid-day trading on Tuesday, hitting $10.44. 706 shares of the company’s stock traded hands. Cape Bancorp has a 1-year low of $8.95 and a 1-year high of $11.26. The stock’s 50-day moving average is $10.61 and its 200-day moving average is $10.57. The company has a market cap of $116.5 million and a price-to-earnings ratio of 20.12.
Cape Bancorp (NASDAQ:CBNJ) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.04. On average, analysts predict that Cape Bancorp will post $0.69 earnings per share for the current fiscal year.
Cape Bancorp, Inc (NASDAQ:CBNJ) is the bank holding company of Cape Bank (the Bank).
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