Codorus Valley Bancorp, Inc (CVLY) Announces Quarterly Dividend of $0.14
Codorus Valley Bancorp, Inc (NASDAQ:CVLY) announced a quarterly dividend on Thursday, October 12th, Wall Street Journal reports. Shareholders of record on Tuesday, October 24th will be paid a dividend of 0.135 per share by the financial services provider on Tuesday, November 14th. This represents a $0.54 annualized dividend and a yield of 1.66%. The ex-dividend date is Monday, October 23rd.
Shares of Codorus Valley Bancorp (CVLY) traded up 0.75% during mid-day trading on Thursday, reaching $32.45. The company’s stock had a trading volume of 14,354 shares. Codorus Valley Bancorp has a 52-week low of $19.99 and a 52-week high of $32.74. The company has a market cap of $274.30 million, a PE ratio of 19.20 and a beta of 0.64. The company has a 50-day moving average price of $27.88 and a 200 day moving average price of $27.33.
Codorus Valley Bancorp (NASDAQ:CVLY) last posted its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter. Codorus Valley Bancorp had a return on equity of 9.12% and a net margin of 18.78%. The company had revenue of $17.47 million during the quarter.
In related news, Director Macgregor S. Jones sold 3,971 shares of the business’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $28.09, for a total transaction of $111,545.39. Following the completion of the transaction, the director now owns 27,763 shares in the company, valued at approximately $779,862.67. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Macgregor S. Jones sold 1,450 shares of the business’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $28.01, for a total value of $40,614.50. Following the transaction, the director now owns 28,739 shares of the company’s stock, valued at approximately $804,979.39. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,561 shares of company stock valued at $155,920. 4.16% of the stock is owned by company insiders.
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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