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Community Bancorp (OTCMKTS:CMTV) to Issue Dividend Increase - $0.24 Per Share

Community Bancorp logo with Finance background

Community Bancorp (OTCMKTS:CMTV - Get Free Report) announced a quarterly dividend on Wednesday, September 11th, NASDAQ reports. Stockholders 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 dividend on an annualized basis and a dividend 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 Price Performance

Shares of Community Bancorp stock traded down $0.30 during trading on Friday, hitting $16.70. 275 shares of the company were exchanged, compared to its average volume of 1,681. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.14. Community Bancorp has a fifty-two week low of $14.31 and a fifty-two week high of $20.00. The stock has a market capitalization of $92.85 million, a price-to-earnings ratio of 7.46 and a beta of 0.34. The firm has a 50 day moving average price of $16.04 and a 200 day moving average price of $15.97.

Community Bancorp (OTCMKTS:CMTV - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $9.87 million during the quarter.

About Community Bancorp

(Get Free Report)

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.

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Dividend History for Community Bancorp (OTCMKTS:CMTV)

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