Melrose Bancorp Inc (NASDAQ:MELR) announced a dividend on Friday, January 19th, Fidelity reports. Stockholders of record on Monday, January 29th will be given a dividend of 0.34 per share by the financial services provider on Wednesday, February 14th. This represents a dividend yield of 0.0176165803108808%. The ex-dividend date is Friday, January 26th.
Shares of Melrose Bancorp (NASDAQ:MELR) opened at $19.30 on Friday. Melrose Bancorp has a 52 week low of $16.20 and a 52 week high of $20.00. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $50.19, a P/E ratio of 24.12 and a beta of 0.27.
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About Melrose Bancorp
Melrose Bancorp, Inc is the bank holding company of Melrose Cooperative Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its banking office in Melrose, Massachusetts. The Bank’s primary business activity consists of taking deposits from the general public in its market area and investing those deposits, together with funds generated from operations.
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