CNB Financial (NASDAQ:CCNEP) Stock Price Up 0.9% – Here’s What Happened

CNB Financial Co. (NASDAQ:CCNEP)’s stock price was up 0.9% during trading on Tuesday . The company traded as high as $24.65 and last traded at $24.65. Approximately 4,079 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 2,492 shares. The stock had previously closed at $24.42.

CNB Financial Price Performance

The business’s 50-day simple moving average is $24.87 and its 200 day simple moving average is $24.78.

CNB Financial (NASDAQ:CCNEP) last released its quarterly earnings results on Tuesday, April 15th. The company reported $0.66 earnings per share for the quarter. The firm had revenue of ($14.79) million for the quarter.

CNB Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Saturday, November 15th were given a $0.4453 dividend. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change from CNB Financial’s previous quarterly dividend of $0.45. This represents a $1.78 annualized dividend and a yield of 7.2%.

About CNB Financial

CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services.