City Holding (NASDAQ:CHCO) declared a quarterly dividend on Wednesday, March 28th, NASDAQ reports. Shareholders of record on Friday, April 13th will be given a dividend of 0.46 per share by the bank on Monday, April 30th. This represents a $1.84 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend is Thursday, April 12th.
City stock traded down $1.49 during mid-day trading on Friday, hitting $69.48. 44,147 shares of the company were exchanged, compared to its average volume of 63,405. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.91 and a quick ratio of 0.91. City has a 1-year low of $58.80 and a 1-year high of $74.90. The firm has a market capitalization of $1,109.31, a P/E ratio of 17.63, a P/E/G ratio of 1.94 and a beta of 0.74.
City (NASDAQ:CHCO) last released its quarterly earnings data on Tuesday, January 23rd. The bank reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.11. City had a return on equity of 12.40% and a net margin of 26.25%. The firm had revenue of $47.96 million during the quarter, compared to analyst estimates of $47.43 million. equities research analysts predict that City will post 4.57 EPS for the current fiscal year.
In other news, CEO Charles R. Hageboeck sold 5,114 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $68.29, for a total value of $349,235.06. Following the completion of the sale, the chief executive officer now directly owns 70,863 shares in the company, valued at $4,839,234.27. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 3.88% of the company’s stock.
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City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust and investment management, and other financial solutions in the United States. The company accepts various deposit products, such as checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts.
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