AmeriServ Financial, Inc. (NASDAQ:ASRV) to Issue Dividend of $0.03

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AmeriServ Financial, Inc. (NASDAQ:ASRV) declared a dividend on Thursday, October 17th, Fidelity reports. Investors of record on Monday, November 4th will be paid a dividend of 0.025 per share by the financial services provider on Monday, November 18th. The ex-dividend date of this dividend is Friday, November 1st. This is a positive change from AmeriServ Financial’s previous dividend of $0.01.

Shares of ASRV stock opened at $4.18 on Thursday. The stock’s 50 day simple moving average is $4.15 and its 200 day simple moving average is $4.14. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.91 and a current ratio of 0.91. AmeriServ Financial has a twelve month low of $3.92 and a twelve month high of $4.39. The company has a market capitalization of $71.80 million, a price-to-earnings ratio of 9.83 and a beta of 0.33.

AmeriServ Financial (NASDAQ:ASRV) last issued its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $0.10 earnings per share for the quarter. AmeriServ Financial had a return on equity of 7.32% and a net margin of 11.36%. The business had revenue of $12.86 million for the quarter.

Separately, ValuEngine raised AmeriServ Financial from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th.

About AmeriServ Financial

AmeriServ Financial Inc operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, money orders, and traveler's checks.

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Dividend History for AmeriServ Financial (NASDAQ:ASRV)

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