Century Bancorp Inc. (CNBKA) Announces $0.12 Quarterly Dividend
Century Bancorp Inc. (NASDAQ:CNBKA) announced a quarterly dividend on Wednesday, October 12th. Shareholders of record on Tuesday, November 1st will be given a dividend of 0.12 per share on Tuesday, November 15th. This represents a $0.48 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Friday, October 28th.
Century Bancorp (NASDAQ:CNBKA) traded up 0.55% during midday trading on Wednesday, reaching $45.35. The company’s stock had a trading volume of 3,447 shares. Century Bancorp has a 12-month low of $38.26 and a 12-month high of $45.72. The stock has a market cap of $252.46 million, a P/E ratio of 10.67 and a beta of 0.62. The stock’s 50 day moving average is $44.81 and its 200 day moving average is $42.84.
Century Bancorp (NASDAQ:CNBKA) last released its quarterly earnings results on Tuesday, October 11th. The company reported $3.24 EPS for the quarter. Century Bancorp had a return on equity of 10.84% and a net margin of 21.57%. Analysts anticipate that Century Bancorp will post $2.31 earnings per share for the current year.
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In other Century Bancorp news, major shareholder James J. Filler acquired 622 shares of the company’s stock in a transaction that occurred on Monday, September 12th. The shares were purchased at an average price of $44.67 per share, with a total value of $27,784.74. Following the completion of the acquisition, the insider now directly owns 530,663 shares of the company’s stock, valued at approximately $23,704,716.21. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder James J. Filler acquired 855 shares of the company’s stock in a transaction that occurred on Monday, August 29th. The shares were acquired at an average cost of $44.07 per share, for a total transaction of $37,679.85. Following the acquisition, the insider now directly owns 527,611 shares of the company’s stock, valued at $23,251,816.77. The disclosure for this purchase can be found here. 36.91% of the stock is owned by insiders.
About Century Bancorp
Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.
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