Citizens holding (NASDAQ:CIZN- Get a rating) declared a quarterly dividend on Wednesday, March 2 Zacks reports. Investors of record on Thursday, March 17 will receive a dividend of 0.24 per share from the bank on Thursday, March 31. This represents a dividend of $0.96 on an annualized basis and a yield of 5.33%. The ex-dividend date is Wednesday, March 16.
Shares of NASDAQ CIZN opened at $18.00 on Friday. Citizens has a twelve month minimum of $17.00 and a twelve month maximum of $27.88. The company has a fifty-day simple moving average of $18.15 and a 200-day simple moving average of $18.15. The company has a market capitalization of $100.71 million, a PE ratio of 13.43 and a beta of 0.01.
Citizens (NASDAQ:CIZN – Get a rating) last announced its results on Tuesday, January 25. The bank reported earnings per share of $0.32 for the quarter. The company had revenue of $11.44 million in the quarter. Citizens had a net margin of 14.78% and a return on equity of 6.95%.
Separately, UBS Group began covering citizens’ actions in a report on Thursday, January 13. They issued a “neutral” rating for the company.
An institutional investor recently increased his position in the shares of Citizens. BlackRock Inc. increased its stake in shares of Citizens Holding (NASDAQ: CIZN – Get a rating) by 4.1% in the fourth quarter, according to its most recent Form 13F filed with the Securities and Exchange Commission (SEC). The fund held 14,962 shares of the bank after buying an additional 587 shares during the quarter. BlackRock Inc. owned 0.27% of Citizens worth $280,000 at the end of the most recent reporting period. 20.66% of the shares are held by hedge funds and other institutional investors.
Citizens Business Profile (Get a rating)
Citizens Holding Co operates as a bank holding company, which provides commercial and personal banking services through Citizens Bank of Philadelphia. Its activities include the acceptance of demand deposits, savings accounts and term deposits, the granting of secured and unsecured loans, the issuance of letters of credit, the granting of mortgage loans and the provision of fiduciary services to individuals and businesses.
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