BancFirst Co. Announces Quarterly Dividend of $0.34 (BANF)
BancFirst (NASDAQ:BANF) declared a quarterly dividend on Tuesday, September 2nd, AnalystRatingsNetwork reports. Shareholders of record on Tuesday, September 30th will be given a dividend of 0.34 per share on Wednesday, October 15th. This represents a $1.36 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend is Friday, September 26th. This is a positive change from BancFirst’s previous quarterly dividend of $0.31.
On the ratings front, analysts at Keefe, Bruyette & Woods raised their price target on shares of BancFirst from $59.00 to $61.00 in a research note on Monday, July 21st. They now have a “market perform” rating on the stock.
Shares of BancFirst (NASDAQ:BANF) traded up 0.72% during mid-day trading on Tuesday, hitting $64.10. 25,055 shares of the company’s stock traded hands. BancFirst has a one year low of $50.33 and a one year high of $64.70. The stock has a 50-day moving average of $61.31 and a 200-day moving average of $59.02. The company has a market cap of $988.6 million and a P/E ratio of 17.34.
BancFirst (NASDAQ:BANF) last released its earnings data on Thursday, July 17th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.05. During the same quarter in the previous year, the company posted $0.81 earnings per share. On average, analysts predict that BancFirst will post $3.74 earnings per share for the current fiscal year.
In other BancFirst news, EVP Darryl Schmidt sold 1,000 shares of the company’s stock on the open market in a transaction dated Thursday, August 28th. The stock was sold at an average price of $63.50, for a total transaction of $63,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
BancFirst Corporation is financial holding company and a bank holding company. The Company conducts all of its operating activities through its principal wholly owned subsidiary, BancFirst (NASDAQ:BANF), a state-chartered bank in Oklahoma City, Oklahoma.
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