Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) Declares Quarterly Dividend of $0.16

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKFGet Free Report) declared a quarterly dividend on Friday, October 18th,NASDAQ Dividends reports. Stockholders of record on Sunday, December 1st will be given a dividend of 0.16 per share by the bank on Sunday, December 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Friday, November 29th. This is a positive change from Chesapeake Financial Shares’s previous quarterly dividend of $0.16.

Chesapeake Financial Shares Price Performance

CPKF stock remained flat at $18.94 on Wednesday. The company had a trading volume of 30 shares, compared to its average volume of 1,141. Chesapeake Financial Shares has a one year low of $16.45 and a one year high of $20.25. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $89.59 million, a P/E ratio of 9.61 and a beta of 0.50. The firm’s 50 day simple moving average is $18.99 and its two-hundred day simple moving average is $18.25.

Chesapeake Financial Shares (OTCMKTS:CPKFGet Free Report) last issued its quarterly earnings results on Monday, October 21st. The bank reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.01). Chesapeake Financial Shares had a net margin of 9.73% and a return on equity of 8.86%. The firm had revenue of $18.16 million for the quarter, compared to analysts’ expectations of $17.40 million. On average, sell-side analysts forecast that Chesapeake Financial Shares will post 2.32 EPS for the current year.

Chesapeake Financial Shares Company Profile

(Get Free Report)

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.

Further Reading

Dividend History for Chesapeake Financial Shares (OTCMKTS:CPKF)

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