VSB Bancorp Inc. (VSBN) to Issue Dividend Increase – $0.10 Per Share
VSB Bancorp Inc. (OTCMKTS:VSBN) declared a quarterly dividend on Tuesday, December 12th, Zacks reports. Investors of record on Friday, December 22nd will be paid a dividend of 0.10 per share by the financial services provider on Thursday, January 4th. This represents a $0.40 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, December 21st. This is a boost from VSB Bancorp’s previous quarterly dividend of $0.08.
VSB Bancorp (OTCMKTS:VSBN) remained flat at $$18.95 during mid-day trading on Wednesday. The company has a market capitalization of $34.65, a price-to-earnings ratio of 11.99 and a beta of 0.28. VSB Bancorp has a one year low of $14.25 and a one year high of $19.75.
VSB Bancorp (OTCMKTS:VSBN) last released its earnings results on Tuesday, October 10th. The financial services provider reported $0.40 EPS for the quarter. The firm had revenue of $3.44 million during the quarter.
About VSB Bancorp
VSB Bancorp, Inc is the holding company for Victory State Bank (the Bank), a commercial bank. The Company owns all of the issued and outstanding stock of the Bank. The Bank is a New York State chartered commercial bank, supervised by the New York State Department of Financial Services (NYSDFS) and the Federal Deposit Insurance Corporation (FDIC).
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