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.
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.
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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.
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