William Penn Bancorporation (NASDAQ:WMPN) to Issue $0.03 Quarterly Dividend

William Penn Bancorporation (NASDAQ:WMPN) announced a quarterly dividend on Wednesday, July 17th, Zacks reports. Investors of record on Monday, July 29th will be given a dividend of 0.03 per share on Thursday, August 8th. This represents a $0.12 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Monday, July 29th.

William Penn Bancorporation has decreased its dividend by an average of 2.4% annually over the last three years. William Penn Bancorporation has a dividend payout ratio of 80.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble.

William Penn Bancorporation Trading Down 0.2 %

Shares of WMPN opened at $11.90 on Friday. The stock’s 50-day moving average price is $11.70 and its 200 day moving average price is $12.04. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $112.34 million, a price-to-earnings ratio of 132.22 and a beta of -0.04. William Penn Bancorporation has a 12-month low of $10.80 and a 12-month high of $12.96.

William Penn Bancorporation (NASDAQ:WMPN) last announced its quarterly earnings results on Wednesday, July 17th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.07. The firm had revenue of $8.92 million for the quarter, compared to analyst estimates of $4.52 million. William Penn Bancorporation had a net margin of 0.48% and a negative return on equity of 0.16%.

About William Penn Bancorporation

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.