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%.

In other news, COO A Dwight Utz sold 14,302 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $29.50, for a total transaction of $421,909.00. Following the sale, the chief operating officer now owns 6,262 shares in the company, valued at $184,729. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.72% of the stock is owned by company insiders.

COPYRIGHT VIOLATION WARNING: “Codorus Valley Bancorp, Inc. (CVLY) Plans Quarterly Dividend of $0.16” was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2018/01/11/codorus-valley-bancorp-inc-cvly-plans-quarterly-dividend-of-0-16.html.

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.

Dividend History for Codorus Valley Bancorp (NASDAQ:CVLY)

Receive News & Ratings for Codorus Valley Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Codorus Valley Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.