Community Bancorp (OTCMKTS:CMTV) to Issue Quarterly Dividend of $0.24

Community Bancorp (OTCMKTS:CMTV) declared a quarterly dividend on Wednesday, September 11th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.24 per share by the financial services provider on Friday, November 1st. This represents a $0.96 annualized dividend and a yield of 5.75%. The ex-dividend date is Tuesday, October 15th. This is an increase from Community Bancorp’s previous quarterly dividend of $0.23.

Community Bancorp Stock Down 1.8 %

Shares of OTCMKTS CMTV traded down $0.30 during trading on Friday, hitting $16.70. The stock had a trading volume of 275 shares, compared to its average volume of 1,681. Community Bancorp has a 12 month low of $14.31 and a 12 month high of $20.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $92.85 million, a PE ratio of 7.46 and a beta of 0.34. The firm has a fifty day moving average of $16.04 and a two-hundred day moving average of $15.97.

Community Bancorp (OTCMKTS:CMTV) last posted its earnings results on Wednesday, August 14th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter. Community Bancorp had a net margin of 21.48% and a return on equity of 14.53%. The firm had revenue of $9.87 million during the quarter.

About Community Bancorp

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.