CBB Bancorp, Inc. (OTCMKTS:CBBI) to Issue Dividend Increase – $0.10 Per Share

CBB Bancorp, Inc. (OTCMKTS:CBBI) announced a quarterly dividend on Thursday, October 24th, NASDAQ reports. Investors of record on Friday, November 8th will be paid a dividend of 0.10 per share on Friday, November 22nd. This represents a $0.40 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Friday, November 8th. This is a positive change from CBB Bancorp’s previous quarterly dividend of $0.08.

CBB Bancorp Trading Up 1.9 %

Shares of CBBI opened at $10.60 on Thursday. The company has a market cap of $112.23 million, a price-to-earnings ratio of 4.73 and a beta of 0.55. CBB Bancorp has a 12 month low of $9.22 and a 12 month high of $10.95. The business’s fifty day simple moving average is $10.37 and its two-hundred day simple moving average is $10.03.

About CBB Bancorp

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards.