Prudential Bancorp Inc (NASDAQ:PBIP) declared a quarterly dividend on Wednesday, February 21st, Zacks reports. Stockholders of record on Wednesday, March 7th will be paid a dividend of 0.05 per share by the savings and loans company on Wednesday, March 21st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Tuesday, March 6th.
Prudential Bancorp (PBIP) opened at $17.44 on Thursday. Prudential Bancorp has a 1 year low of $15.81 and a 1 year high of $18.96. The stock has a market capitalization of $161.04, a PE ratio of 22.14 and a beta of -0.10.
Prudential Bancorp (NASDAQ:PBIP) last issued its quarterly earnings data on Tuesday, January 23rd. The savings and loans company reported $0.20 earnings per share (EPS) for the quarter. The company had revenue of $6.55 million for the quarter.
An institutional investor recently bought a new position in Prudential Bancorp stock. California State Teachers Retirement System bought a new position in Prudential Bancorp Inc (NASDAQ:PBIP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,400 shares of the savings and loans company’s stock, valued at approximately $262,000. California State Teachers Retirement System owned approximately 0.17% of Prudential Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 37.25% of the company’s stock.
WARNING: This piece of content was reported by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3230285/prudential-bancorp-inc-pbip-plans-quarterly-dividend-of-0-05.html.
About Prudential Bancorp
Prudential Bancorp, Inc of Pennsylvania is a mid-tier holding company for Prudential Savings Bank (the Bank). The Bank is a wholly owned subsidiary of the Company. Prudential Mutual Holding Company, a Pennsylvania corporation, is the mutual holding company parent of the Company. As of September 30, 2012, Prudential Mutual Holding Company owns 74.6% of the Company.
Receive News & Ratings for Prudential Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.