Prime Meridian (OTCMKTS:PMHG - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.65 EPS for the quarter, Zacks reports. Prime Meridian had a return on equity of 10.05% and a net margin of 16.86%.
Prime Meridian Stock Performance
PMHG stock traded up $0.35 during midday trading on Monday, reaching $28.35. 8,171 shares of the company's stock traded hands, compared to its average volume of 1,973. The company has a 50-day moving average price of $29.02 and a two-hundred day moving average price of $26.56. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.95 and a current ratio of 0.96. Prime Meridian has a 52 week low of $20.15 and a 52 week high of $30.99. The firm has a market capitalization of $93.27 million, a PE ratio of 11.07 and a beta of 0.51.
Prime Meridian Increases Dividend
The firm also recently announced an annual dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 7th will be issued a dividend of $1.00 per share. This is a boost from Prime Meridian's previous annual dividend of $0.25. The ex-dividend date of this dividend is Friday, February 7th. This represents a yield of 3.57%. Prime Meridian's payout ratio is presently 9.77%.
About Prime Meridian
(
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Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.
Further Reading
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