Bank Mutual Corporation (NASDAQ:BKMU) Declares Quarterly Dividend of $0.06
Bank Mutual Corporation (NASDAQ:BKMU) announced a quarterly dividend on Monday, August 7th, RTT News reports. Stockholders of record on Friday, August 18th will be paid a dividend of 0.055 per share by the financial services provider on Monday, August 28th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.29%.
Shares of Bank Mutual Corporation (NASDAQ BKMU) traded down 0.52% during midday trading on Monday, hitting $9.65. The stock had a trading volume of 245,462 shares. The company’s 50 day moving average is $9.37 and its 200 day moving average is $9.46. Bank Mutual Corporation has a 52-week low of $7.31 and a 52-week high of $10.20. The company has a market cap of $443.24 million, a PE ratio of 26.81 and a beta of 0.55.
Bank Mutual Corporation (NASDAQ:BKMU) last released its earnings results on Thursday, July 20th. The financial services provider reported $0.09 EPS for the quarter, meeting analysts’ consensus estimates of $0.09. The firm had revenue of $24.71 million for the quarter, compared to analysts’ expectations of $25.10 million. Bank Mutual Corporation had a return on equity of 5.67% and a net margin of 14.77%. On average, analysts anticipate that Bank Mutual Corporation will post $0.37 earnings per share for the current year.
TRADEMARK VIOLATION NOTICE: “Bank Mutual Corporation (NASDAQ:BKMU) Declares Quarterly Dividend of $0.06” was originally reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another site, it was stolen and republished in violation of US & international trademark and copyright law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/08/07/bank-mutual-corporation-nasdaqbkmu-declares-quarterly-dividend-of-0-06.html.
A number of research analysts have recently commented on BKMU shares. Zacks Investment Research raised Bank Mutual Corporation from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research note on Tuesday, April 25th. Hovde Group cut Bank Mutual Corporation from an “outperform” rating to a “market perform” rating and set a $10.50 target price on the stock. in a research note on Friday, July 21st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Bank Mutual Corporation in a research note on Sunday, July 23rd.
About Bank Mutual Corporation
Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities.
Receive News & Ratings for Bank Mutual Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank Mutual Corporation and related companies with MarketBeat.com's FREE daily email newsletter.