Bank of N.T. Butterfield & Son Limited (The) (NYSE:NTB) announced a quarterly dividend on Friday, November 3rd, Wall Street Journal reports. Shareholders of record on Monday, November 13th will be paid a dividend of 0.32 per share by the bank on Monday, November 27th. This represents a $1.28 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend is Friday, November 10th.

Shares of Bank of N.T. Butterfield & Son Limited (NYSE NTB) traded down $0.54 during trading hours on Friday, reaching $36.38. 294,662 shares of the company’s stock traded hands, compared to its average volume of 247,440. The stock has a market capitalization of $1.96 billion, a P/E ratio of 13.18 and a beta of 1.29.

Bank of N.T. Butterfield & Son Limited (The) (NYSE:NTB) last issued its quarterly earnings results on Wednesday, October 25th. The bank reported $0.74 EPS for the quarter, topping the consensus estimate of $0.70 by $0.04. Bank of N.T. Butterfield & Son Limited (The) had a net margin of 22.83% and a return on equity of 19.90%. The firm had revenue of $112.49 million for the quarter, compared to analysts’ expectations of $111.66 million. equities analysts predict that Bank of N.T. Butterfield & Son Limited will post 2.8 EPS for the current year.

Several equities research analysts have commented on the stock. Zacks Investment Research cut shares of Bank of N.T. Butterfield & Son Limited (The) from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. Citigroup Inc. cut shares of Bank of N.T. Butterfield & Son Limited (The) from a “buy” rating to a “neutral” rating and set a $37.00 target price on the stock. in a report on Monday, September 25th.

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Bank of N.T. Butterfield & Son Limited (The) Company Profile

The Bank of N.T. Butterfield & Son Limited (the Bank) provides banking services and wealth management services. The Bank’s geographic segments include Bermuda, the Cayman Islands and Guernsey, where its banking operations are located, and The Bahamas, Switzerland, and the United Kingdom, where it offers specialized financial services.

Dividend History for Bank of N.T. Butterfield & Son Limited (The) (NYSE:NTB)

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