VersaBank (TSE:VBNK - Get Free Report) declared a quarterly dividend on Friday, January 10th,TickerTech Dividends reports. Investors of record on Friday, January 31st will be paid a dividend of 0.025 per share on Friday, January 31st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date is Friday, January 10th.
VersaBank Price Performance
Shares of VBNK stock traded down C$0.30 during trading on Wednesday, reaching C$19.43. The company had a trading volume of 27,697 shares, compared to its average volume of 41,571. The firm's 50 day simple moving average is C$21.99 and its two-hundred day simple moving average is C$18.90. VersaBank has a one year low of C$12.94 and a one year high of C$25.75. The company has a market capitalization of C$504.40 million, a PE ratio of 11.04 and a beta of 1.07.
Analyst Ratings Changes
Separately, Keefe, Bruyette & Woods lifted their price target on VersaBank from C$22.00 to C$28.00 in a research report on Wednesday, December 4th.
View Our Latest Analysis on VBNK
About VersaBank
(
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VersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as web-based chequing accounts, guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products. The company also provides lending services, including point of sale financing that covers purchasing loan and lease receivables from finance companies operating in various industries; commercial banking services comprising commercial real estate, public sector/infrastructure financing, and condominium financing; and residential mortgages.
Further Reading
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