Community Bancorp (OTCMKTS:CMTV) Raises Dividend to $0.24 Per Share

Community Bancorp (OTCMKTS:CMTV) declared a quarterly dividend on Wednesday, September 11th, NASDAQ reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.24 per share by the financial services provider on Friday, November 1st. This represents a $0.96 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date of this dividend is Tuesday, October 15th. This is a positive change from Community Bancorp’s previous quarterly dividend of $0.23.

Community Bancorp Trading Down 1.8 %

OTCMKTS:CMTV opened at $16.70 on Monday. Community Bancorp has a 1 year low of $14.31 and a 1 year high of $20.00. The stock’s fifty day moving average price is $16.04 and its two-hundred day moving average price is $15.97. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market cap of $92.85 million, a P/E ratio of 7.46 and a beta of 0.34.

Community Bancorp (OTCMKTS:CMTV) last issued its earnings results on Wednesday, August 14th. The financial services provider reported $0.49 EPS for the quarter. Community Bancorp had a return on equity of 14.53% and a net margin of 21.48%. The business had revenue of $9.87 million during the quarter.

About Community Bancorp

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.