PB Bancorp Inc to Issue Quarterly Dividend of $0.05 (PBBI)

PB Bancorp Inc (NASDAQ:PBBI) declared a quarterly dividend on Wednesday, January 3rd, NASDAQ reports. Shareholders of record on Wednesday, January 17th will be given a dividend of 0.05 per share by the bank on Wednesday, January 31st. This represents a $0.20 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Tuesday, January 16th.

PB Bancorp (PBBI) traded up $0.01 during trading on Thursday, reaching $10.53. 9,300 shares of the company’s stock were exchanged, compared to its average volume of 5,371. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market cap of $83.16, a price-to-earnings ratio of 40.50 and a beta of 0.35. PB Bancorp has a 52-week low of $9.95 and a 52-week high of $11.10.

A hedge fund recently raised its stake in PB Bancorp stock. Vanguard Group Inc. raised its position in shares of PB Bancorp Inc (NASDAQ:PBBI) by 0.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 102,585 shares of the bank’s stock after purchasing an additional 800 shares during the period. Vanguard Group Inc. owned 1.38% of PB Bancorp worth $1,088,000 at the end of the most recent quarter. 30.06% of the stock is owned by institutional investors.

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About PB Bancorp

PB Bancorp Inc is a bank holding company. The company was founded in September 2015 and is located in Putnam, Connecticut.

Dividend History for PB Bancorp (NASDAQ:PBBI)

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