Codorus Valley Bancorp, Inc (NASDAQ:CVLY) declared a quarterly dividend on Thursday, July 13th, Wall Street Journal reports. Shareholders of record on Tuesday, July 25th will be given a dividend of 0.135 per share by the financial services provider on Tuesday, August 8th. This represents a $0.54 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Friday, July 21st.

Codorus Valley Bancorp (NASDAQ CVLY) traded down 1.16% on Thursday, hitting $28.15. 2,484 shares of the company’s stock traded hands. The stock has a market cap of $237.53 million, a P/E ratio of 17.38 and a beta of 0.55. The stock has a 50 day moving average price of $26.68 and a 200-day moving average price of $26.90. Codorus Valley Bancorp has a 12 month low of $19.00 and a 12 month high of $29.56.

Codorus Valley Bancorp (NASDAQ:CVLY) last released its quarterly earnings results on Thursday, April 20th. The financial services provider reported $0.40 earnings per share for the quarter. Codorus Valley Bancorp had a return on equity of 8.82% and a net margin of 18.51%. The company had revenue of $16.74 million for the quarter.

In other Codorus Valley Bancorp news, SVP Matthew A. Clemens sold 1,358 shares of the stock in a transaction on Monday, June 19th. The stock was sold at an average price of $27.00, for a total value of $36,666.00. Following the sale, the senior vice president now owns 8,020 shares in the company, valued at $216,540. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, General Counsel Benjamin F. Riggs, Jr. sold 1,272 shares of the stock in a transaction on Monday, May 1st. The stock was sold at an average price of $29.00, for a total value of $36,888.00. Following the completion of the sale, the general counsel now owns 3,182 shares in the company, valued at approximately $92,278. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,974 shares of company stock worth $170,798. Insiders own 4.16% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/13/codorus-valley-bancorp-inc-cvly-announces-0-14-quarterly-dividend.html.

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.

Dividend History for Codorus Valley Bancorp (NASDAQ:CVLY)

Receive News & Ratings for Codorus Valley Bancorp Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Codorus Valley Bancorp Inc and related companies with MarketBeat.com's FREE daily email newsletter.