Primis Financial Corp. (NASDAQ:FRST - Get Free Report) declared a quarterly dividend on Thursday, October 24th, Zacks reports. Investors 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 3.52%. The ex-dividend date is Friday, November 8th.
Primis Financial has a dividend payout ratio of 21.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Primis Financial to earn $1.85 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 21.6%.
Primis Financial Trading Down 3.8 %
NASDAQ:FRST traded down $0.45 during mid-day trading on Friday, reaching $11.35. 152,166 shares of the stock were exchanged, compared to its average volume of 65,600. The business has a fifty day moving average price of $11.85 and a 200 day moving average price of $11.21. The firm has a market capitalization of $280.14 million, a PE ratio of 13.20 and a beta of 0.75. Primis Financial has a 1-year low of $7.71 and a 1-year high of $13.69.
Primis Financial Company Profile
(
Get Free Report)
Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits.
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