Codorus Valley Bancorp Inc. (CVLY) Declares $0.13 Quarterly Dividend
Codorus Valley Bancorp Inc. (NASDAQ:CVLY) declared a quarterly dividend on Thursday, October 13th. Shareholders of record on Tuesday, October 25th will be paid a dividend of 0.13 per share by the financial services provider on Tuesday, November 8th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Friday, October 21st.
Shares of Codorus Valley Bancorp (NASDAQ:CVLY) traded down 0.56% during trading on Thursday, hitting $21.32. 7,990 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $21.29 and its 200 day moving average is $20.99. Codorus Valley Bancorp has a 1-year low of $19.50 and a 1-year high of $21.90. The firm has a market capitalization of $170.07 million, a PE ratio of 13.24 and a beta of 0.37.
Codorus Valley Bancorp (NASDAQ:CVLY) last released its earnings results on Wednesday, July 20th. The financial services provider reported $0.38 EPS for the quarter. Codorus Valley Bancorp had a net margin of 17.06% and a return on equity of 8.26%.
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In other news, SVP Scott T. Weaver sold 3,148 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $21.24, for a total transaction of $66,863.52. Following the sale, the senior vice president now owns 3,968 shares in the company, valued at $84,280.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Brian D. Brunner purchased 5,000 shares of the business’s stock in a transaction dated Thursday, December 15th. The shares were purchased at an average price of $19.75 per share, for a total transaction of $98,750.00. Following the acquisition, the director now directly owns 10,250 shares of the company’s stock, valued at $202,437.50. The disclosure for this purchase can be found here. Corporate insiders own 4.16% of the company’s stock.
About Codorus Valley Bancorp
Codorus Valley Bancorp, Inc is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Company operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services.
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