Melrose Bancorp Inc Declares Dividend of $0.34 (MELR)

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.

TRADEMARK VIOLATION NOTICE: This article was originally published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was copied illegally and republished in violation of international trademark & copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2018/01/21/melrose-bancorp-inc-declares-dividend-of-0-34-melr.html.

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.

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

Leave a Reply