CBB Bancorp, Inc. (OTCMKTS:CBBI) Plans Dividend Increase - $0.10 Per Share

CBB Bancorp, Inc. (OTCMKTS:CBBI - Get Free Report) declared a quarterly dividend on Thursday, October 24th, NASDAQ reports. Shareholders of record on Friday, November 8th will be paid 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 3.89%. The ex-dividend date of this dividend is Friday, November 8th. This is a positive change from CBB Bancorp's previous quarterly dividend of $0.08.

CBB Bancorp Stock Performance

Shares of CBB Bancorp stock traded up $0.25 on Friday, hitting $10.27. The stock had a trading volume of 44,045 shares, compared to its average volume of 14,116. CBB Bancorp has a twelve month low of $9.22 and a twelve month high of $10.55. The stock has a 50 day moving average of $10.35 and a 200 day moving average of $9.98. The firm has a market capitalization of $108.74 million, a P/E ratio of 3.97 and a beta of 0.55.

CBB Bancorp (OTCMKTS:CBBI - Get Free Report) last issued its quarterly earnings results on Friday, July 26th. The company reported $0.51 EPS for the quarter. The firm had revenue of $17.70 million for the quarter.

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.