ESSA Bancorp, Inc. (ESSA) Announces $0.09 Quarterly Dividend
ESSA Bancorp, Inc. (NASDAQ:ESSA) announced a quarterly dividend on Wednesday, November 29th, Wall Street Journal reports. Investors of record on Saturday, December 16th will be given a dividend of 0.09 per share by the financial services provider on Saturday, December 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date of this dividend is Thursday, December 14th.
ESSA Bancorp (NASDAQ:ESSA) traded up $0.12 during mid-day trading on Wednesday, hitting $16.19. 5,000 shares of the company were exchanged, compared to its average volume of 14,874. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.92 and a current ratio of 0.92. ESSA Bancorp has a 1-year low of $14.01 and a 1-year high of $16.91. The firm has a market cap of $185.76, a PE ratio of 23.56 and a beta of 0.25.
ESSA Bancorp (NASDAQ:ESSA) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.19 earnings per share for the quarter. The business had revenue of $13.86 million for the quarter. ESSA Bancorp had a net margin of 11.03% and a return on equity of 4.15%.
A hedge fund recently raised its stake in ESSA Bancorp stock. State Street Corp boosted its holdings in shares of ESSA Bancorp, Inc. (NASDAQ:ESSA) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 125,466 shares of the financial services provider’s stock after acquiring an additional 5,201 shares during the quarter. State Street Corp owned approximately 1.17% of ESSA Bancorp worth $1,846,000 at the end of the most recent reporting period. Institutional investors own 40.71% of the company’s stock.
About ESSA Bancorp
ESSA Bancorp, Inc is a holding company for ESSA Bank & Trust (the Bank). The Bank is a community-oriented savings bank. The Bank provides financial services to individuals, families and businesses through its banking offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania.
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