Mechanics Bank (OTC:MCHB – Get Free Report) rose 1.9% during mid-day trading on Friday . The stock traded as high as $26,500.00 and last traded at $26,500.00. Approximately 1 shares were traded during trading, a decline of 98% from the average daily volume of 51 shares. The stock had previously closed at $26,000.00.
Mechanics Bank Trading Up 1.9 %
The company has a 50 day simple moving average of $26,010.00 and a 200-day simple moving average of $25,972.22.
Mechanics Bank Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, September 9th were given a dividend of $467.00 per share. This represents a $1,868.00 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date of this dividend was Monday, September 9th. Mechanics Bank’s payout ratio is 20.01%.
Mechanics Bank Company Profile
Mechanics Bank provides various financial services for individuals, families, small businesses, municipalities, and non-profits in communities in Greater San Francisco, Sacramento, Los Angeles, and San Diego areas and throughout the Central Valley in California. The company offers checking and savings accounts.
Recommended Stories
- Five stocks we like better than Mechanics Bank
- Canadian Penny Stocks: Can They Make You Rich?
- Texas Roadhouse Stock Steering for New Highs This Year
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Retail Stocks Investing, Explained
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Mechanics Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mechanics Bank and related companies with MarketBeat.com's FREE daily email newsletter.