DNB Financial Corp. (DNBF) Declares Quarterly Dividend of $0.07
DNB Financial Corp. (NASDAQ:DNBF) declared a quarterly dividend on Wednesday, August 27th, Stock Ratings Network.com reports. Shareholders of record on Wednesday, September 10th will be given a dividend of 0.07 per share on Friday, September 19th. This represents a $0.28 dividend on an annualized basis and a yield of 1.27%.
On a related note, analysts at FIG Partners downgraded shares of DNB Financial Corp. from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 30th. They now have a $23.50 price target on the stock.
Shares of DNB Financial Corp. (NASDAQ:DNBF) traded down 0.23% during mid-day trading on Wednesday, hitting $21.95. The stock had a trading volume of 600 shares. DNB Financial Corp. has a 52-week low of $16.03 and a 52-week high of $23.43. The stock has a 50-day moving average of $21.44 and a 200-day moving average of $20.74. The company has a market cap of $60.8 million and a price-to-earnings ratio of 17.71.
DNB Financial Corp. (NASDAQ:DNBF) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.44 by $0.06. Analysts expect that DNB Financial Corp. will post $1.57 EPS for the current fiscal year.
DNB Financial Corporation (NASDAQ:DNBF) is a bank holding company of DNB First, National Association (the Bank).
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