BCB Bancorp, Inc. (BCBP) Declares $0.14 Quarterly Dividend

BCB Bancorp, Inc. (NASDAQ:BCBP) announced a quarterly dividend on Monday, January 22nd, Wall Street Journal reports. Stockholders of record on Monday, February 5th will be paid a dividend of 0.14 per share by the bank on Tuesday, February 20th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend is Friday, February 2nd.

Shares of BCB Bancorp (NASDAQ BCBP) traded up $0.05 during trading hours on Monday, hitting $15.70. The stock had a trading volume of 22,500 shares, compared to its average volume of 33,246. BCB Bancorp has a 12 month low of $12.05 and a 12 month high of $17.05. The company has a market capitalization of $236.00, a PE ratio of 16.35, a PEG ratio of 1.50 and a beta of 0.43. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.86.

BCB Bancorp (NASDAQ:BCBP) last issued its quarterly earnings data on Thursday, October 19th. The bank reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. BCB Bancorp had a return on equity of 9.04% and a net margin of 14.19%. The company had revenue of $17.21 million during the quarter, compared to analysts’ expectations of $17.70 million. analysts forecast that BCB Bancorp will post 0.92 earnings per share for the current year.

In other BCB Bancorp news, Director James G. Rizzo purchased 1,750 shares of the company’s stock in a transaction dated Tuesday, November 28th. The stock was bought at an average cost of $14.53 per share, for a total transaction of $25,427.50. Following the completion of the transaction, the director now owns 48,500 shares in the company, valued at $704,705. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders bought 5,180 shares of company stock valued at $74,309. 16.76% of the stock is owned by company insiders.

An institutional investor recently bought a new position in BCB Bancorp stock. California State Teachers Retirement System purchased a new stake in BCB Bancorp, Inc. (NASDAQ:BCBP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,800 shares of the bank’s stock, valued at approximately $257,000. California State Teachers Retirement System owned approximately 0.15% of BCB Bancorp at the end of the most recent quarter. Hedge funds and other institutional investors own 32.45% of the company’s stock.

Separately, Zacks Investment Research cut BCB Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. BCB Bancorp presently has an average rating of “Buy” and an average price target of $14.50.

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BCB Bancorp Company Profile

BCB Bancorp, Inc is the holding company parent of BCB Community Bank (the Bank). The Bank is a community-oriented financial institution. Its business is to offer Federal Deposit Insurance Corporation (FDIC)-insured deposit products and to invest funds held in deposit accounts at the Bank, together with funds generated from operations, in loans and investment securities.

Dividend History for BCB Bancorp (NASDAQ:BCBP)

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