Texas Community Bancshares, Inc. (TCBS) To Go Ex-Dividend on March 10th

Texas Community Bancshares, Inc. (NASDAQ:TCBS) announced a quarterly dividend on Tuesday, February 25th, RTT News reports. Stockholders of record on Monday, March 10th will be given a dividend of 0.04 per share on Monday, March 24th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Monday, March 10th.

Texas Community Bancshares Stock Down 2.5 %

NASDAQ:TCBS opened at $16.38 on Friday. Texas Community Bancshares has a fifty-two week low of $13.31 and a fifty-two week high of $17.50. The stock has a market capitalization of $51.02 million, a P/E ratio of -23.06 and a beta of -0.01. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.95 and a current ratio of 0.95. The company’s 50-day simple moving average is $15.69 and its 200-day simple moving average is $15.09.

Insider Activity

In related news, Director Anthony Scavuzzo acquired 2,807 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average cost of $15.00 per share, with a total value of $42,105.00. Following the transaction, the director now directly owns 86,065 shares of the company’s stock, valued at $1,290,975. This trade represents a 3.37 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 19.10% of the company’s stock.

Texas Community Bancshares Company Profile

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.