Codorus Valley Bancorp, Inc. (CVLY) Plans Quarterly Dividend of $0.16
Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) declared a quarterly dividend on Thursday, January 11th, Wall Street Journal reports. Shareholders of record on Tuesday, January 23rd will be given a dividend of 0.155 per share by the financial services provider on Tuesday, February 13th. This represents a $0.62 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend is Monday, January 22nd. This is a boost from Codorus Valley Bancorp’s previous quarterly dividend of $0.14.
Codorus Valley Bancorp (NASDAQ CVLY) traded down $0.02 during trading on Thursday, reaching $27.98. The company’s stock had a trading volume of 1,907 shares, compared to its average volume of 6,313. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $246.84, a P/E ratio of 16.86 and a beta of 0.75. Codorus Valley Bancorp has a one year low of $23.96 and a one year high of $34.75.
Codorus Valley Bancorp (NASDAQ:CVLY) last released its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.38 earnings per share for the quarter. The company had revenue of $18.10 million during the quarter. Codorus Valley Bancorp had a return on equity of 9.00% and a net margin of 18.16%.
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Codorus Valley Bancorp Company Profile
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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