Versabank (VB) Plans Quarterly Dividend of $0.01
Versabank (TSE:VB) declared a quarterly dividend on Wednesday, November 29th, Zacks reports. Investors of record on Friday, January 5th will be paid a dividend of 0.01 per share on Wednesday, January 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Thursday, January 4th.
Versabank (TSE:VB) opened at C$6.07 on Friday. Versabank has a 12-month low of C$4.27 and a 12-month high of C$6.20. The firm has a market cap of $127.38, a price-to-earnings ratio of 9.48 and a beta of 1.66.
In other Versabank news, Director Patrick George acquired 10,000 shares of the stock in a transaction on Tuesday, December 12th. The stock was acquired at an average price of C$5.80 per share, for a total transaction of C$58,000.00. Also, Director David Roy Taylor acquired 6,200 shares of the stock in a transaction on Wednesday, October 4th. The shares were acquired at an average price of C$6.00 per share, with a total value of C$37,200.00. Insiders have acquired 31,185 shares of company stock valued at $186,153 in the last quarter.
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VersaBank, a schedule I bank, provides banking products and services using an electronic branchless model in Canada. It offers savings and investment products through a network of financial advisors and deposit brokers, such as guaranteed investment certificates, tax-free savings accounts, savings, and registered retirement savings plans.
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