CBB Bancorp, Inc. (OTCMKTS:CBBI) to Issue $0.08 Quarterly Dividend

CBB Bancorp, Inc. (OTCMKTS:CBBI) declared a quarterly dividend on Friday, July 26th, NASDAQ reports. Shareholders of record on Friday, August 9th will be given a dividend of 0.08 per share on Friday, August 23rd. This represents a $0.32 annualized dividend and a yield of 3.10%. The ex-dividend date is Friday, August 9th.

CBB Bancorp Stock Down 1.5 %

OTCMKTS CBBI traded down $0.15 on Friday, hitting $10.34. 28,975 shares of the stock were exchanged, compared to its average volume of 2,441. CBB Bancorp has a fifty-two week low of $9.22 and a fifty-two week high of $10.92. The company has a market cap of $109.47 million, a PE ratio of 3.99 and a beta of 0.55. The company has a 50-day moving average price of $9.77 and a 200-day moving average price of $9.74.

CBB Bancorp (OTCMKTS:CBBI) last posted its quarterly earnings results on Friday, April 26th. The company reported $0.54 EPS for the quarter. The firm had revenue of $18.37 million for the quarter.

About CBB Bancorp

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards.