Patriot National Bancorp Inc. to Issue Quarterly Dividend of $0.01 (PNBK)
Patriot National Bancorp Inc. (NASDAQ:PNBK) declared a quarterly dividend on Monday, July 17th, NASDAQ reports. Stockholders of record on Monday, July 24th will be paid a dividend of 0.01 per share by the bank on Tuesday, August 1st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date is Thursday, July 20th.
Patriot National Bancorp (NASDAQ:PNBK) opened at 16.89 on Tuesday. The stock has a 50 day moving average of $16.14 and a 200-day moving average of $14.98. Patriot National Bancorp has a one year low of $13.00 and a one year high of $17.50. The firm has a market capitalization of $65.21 million, a PE ratio of 22.11 and a beta of 0.24.
Patriot National Bancorp (NASDAQ:PNBK) last announced its earnings results on Tuesday, May 9th. The bank reported $0.44 earnings per share for the quarter. Patriot National Bancorp had a return on equity of 6.68% and a net margin of 15.20%. The business had revenue of $5.81 million during the quarter. On average, equities analysts predict that Patriot National Bancorp will post $7.00 EPS for the current year.
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About Patriot National Bancorp
Patriot National Bancorp, Inc is a one-bank holding company for Patriot Bank, N.A. (the Bank), a national banking association. The Bank offers consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal (NOW) account, money market, time certificates of deposit, savings, Certificate of Deposit Account Registry Service (CDARS), individual retirement accounts (IRAs) and health savings accounts (HSAs).
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