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.
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