CBB Bancorp, Inc. (OTCMKTS:CBBI) to Issue Quarterly Dividend of $0.10

CBB Bancorp, Inc. (OTCMKTS:CBBI) announced a quarterly dividend on Thursday, October 24th, NASDAQ reports. Shareholders of record on Friday, November 8th will be given a dividend of 0.10 per share on Friday, November 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date is Friday, November 8th. This is an increase from CBB Bancorp’s previous quarterly dividend of $0.08.

CBB Bancorp Trading Up 1.9 %

OTCMKTS:CBBI opened at $10.60 on Thursday. The stock has a 50-day moving average price of $10.37 and a 200 day moving average price of $10.03. CBB Bancorp has a 12-month low of $9.22 and a 12-month high of $10.95. The stock has a market capitalization of $112.23 million, a P/E ratio of 4.73 and a beta of 0.55.

CBB Bancorp Company Profile

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards.