Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Get Free Report) announced a quarterly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.20 per share by the bank on Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Monday, March 3rd. This is a boost from Peoples Bancorp of North Carolina's previous quarterly dividend of $0.19.
Peoples Bancorp of North Carolina has raised its dividend payment by an average of 4.8% per year over the last three years.
Peoples Bancorp of North Carolina Stock Performance
Shares of NASDAQ:PEBK traded down $0.04 during trading on Thursday, hitting $26.84. 4,552 shares of the company were exchanged, compared to its average volume of 9,969. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81. Peoples Bancorp of North Carolina has a 52-week low of $23.74 and a 52-week high of $33.31. The company has a market cap of $146.49 million, a PE ratio of 9.01 and a beta of 0.60. The stock has a 50 day moving average of $29.74 and a 200 day moving average of $28.65.
Peoples Bancorp of North Carolina (NASDAQ:PEBK - Get Free Report) last released its earnings results on Wednesday, February 12th. The bank reported $0.65 earnings per share (EPS) for the quarter. Peoples Bancorp of North Carolina had a net margin of 15.08% and a return on equity of 12.85%.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Peoples Bancorp of North Carolina from a "buy" rating to a "hold" rating in a research report on Tuesday.
Get Our Latest Research Report on Peoples Bancorp of North Carolina
Peoples Bancorp of North Carolina Company Profile
(
Get Free Report)
Peoples Bancorp of North Carolina, Inc operates as the bank holding company for Peoples Bank that provides various banking products and services for individuals and small-to medium-sized businesses. It offers checking, savings, money market, and retirement accounts; certificates of deposits; and credit and debit cards.
Read More
Before you consider Peoples Bancorp of North Carolina, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Peoples Bancorp of North Carolina wasn't on the list.
While Peoples Bancorp of North Carolina currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
