PB Bancorp Inc (PBBI) Declares $0.07 Quarterly Dividend

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PB Bancorp Inc (NASDAQ:PBBI) announced a quarterly dividend on Monday, January 7th, Wall Street Journal reports. Investors of record on Wednesday, January 16th will be given a dividend of 0.07 per share by the bank on Wednesday, January 30th. This represents a $0.28 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Tuesday, January 15th.

NASDAQ:PBBI opened at $11.05 on Thursday. PB Bancorp has a 52 week low of $10.25 and a 52 week high of $12.20. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market cap of $83.63 million, a P/E ratio of 20.32 and a beta of 0.33.

In other news, Director Jitendra Sinha purchased 3,500 shares of the stock in a transaction that occurred on Wednesday, December 26th. The stock was bought at an average cost of $10.50 per share, for a total transaction of $36,750.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 10.93% of the company’s stock.

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About PB Bancorp

PB Bancorp, Inc operates as the holding company of Putnam Bank that provides various banking products and services to individuals and small business customers primarily in Connecticut. It offers a range of deposits, including checking, savings, and money market deposit accounts, as well as negotiable order of withdrawal accounts and fixed-term certificates of deposit.

See Also: Certificate of Deposit (CD)

Dividend History for PB Bancorp (NASDAQ:PBBI)

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