Sturgis Bancorp (OTCMKTS:STBI – Get Free Report) issued its quarterly earnings data on Tuesday. The financial services provider reported $0.91 earnings per share for the quarter, Zacks reports.
Sturgis Bancorp Stock Up 0.3 %
Sturgis Bancorp stock opened at $18.30 on Wednesday. The firm has a fifty day moving average of $18.25 and a 200-day moving average of $17.77. The firm has a market capitalization of $39.51 million, a P/E ratio of 76.25 and a beta of 0.43. Sturgis Bancorp has a 52-week low of $15.74 and a 52-week high of $18.50.
Sturgis Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Friday, February 14th. Sturgis Bancorp’s payout ratio is currently 283.33%.
About Sturgis Bancorp
Sturgis Bancorp, Inc operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts.
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