SI Financial Group, Inc. (SIFI) Raises Dividend to $0.06 Per Share

SI Financial Group, Inc. (NASDAQ:SIFI) announced a quarterly dividend on Wednesday, January 24th, NASDAQ reports. Shareholders of record on Monday, February 5th will be paid a dividend of 0.06 per share by the savings and loans company on Monday, February 26th. This represents a $0.24 annualized dividend and a yield of 1.62%. The ex-dividend date is Friday, February 2nd. This is a boost from SI Financial Group’s previous quarterly dividend of $0.05.

Shares of SI Financial Group (NASDAQ SIFI) opened at $14.85 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.07 and a quick ratio of 1.07. SI Financial Group has a 1 year low of $13.50 and a 1 year high of $16.45. The company has a market cap of $181.64, a PE ratio of 13.26 and a beta of 0.31.

SI Financial Group (NASDAQ:SIFI) last issued its quarterly earnings results on Wednesday, October 25th. The savings and loans company reported $0.19 EPS for the quarter. SI Financial Group had a net margin of 18.57% and a return on equity of 7.92%. The firm had revenue of $13.38 million for the quarter.

In other SI Financial Group news, insider Rheo A. Brouillard sold 3,600 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $14.74, for a total value of $53,064.00. Following the sale, the insider now directly owns 51,654 shares in the company, valued at $761,379.96. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Rheo A. Brouillard sold 2,325 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $14.66, for a total transaction of $34,084.50. Following the completion of the sale, the chief executive officer now owns 58,068 shares in the company, valued at $851,276.88. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,525 shares of company stock worth $139,565. 4.88% of the stock is owned by company insiders.

A hedge fund recently raised its stake in SI Financial Group stock. State Street Corp boosted its holdings in SI Financial Group, Inc. (NASDAQ:SIFI) by 8.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 181,801 shares of the savings and loans company’s stock after acquiring an additional 14,569 shares during the quarter. State Street Corp owned about 1.53% of SI Financial Group worth $2,927,000 as of its most recent SEC filing. 59.91% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: “SI Financial Group, Inc. (SIFI) Raises Dividend to $0.06 Per Share” was published by American Banking News and is the property of of American Banking News. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at

About SI Financial Group

SI Financial Group, Inc is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services.

Dividend History for SI Financial Group (NASDAQ:SIFI)

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

Leave a Reply