CBB Bancorp, Inc. (OTCMKTS:CBBI) to Issue Quarterly Dividend of $0.10

CBB Bancorp, Inc. (OTCMKTS:CBBI) declared a quarterly dividend on Thursday, October 24th, NASDAQ reports. Stockholders of record on Friday, November 8th will be given a dividend of 0.10 per share on Friday, November 22nd. This represents a $0.40 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Friday, November 8th. This is a positive change from CBB Bancorp’s previous quarterly dividend of $0.08.

CBB Bancorp Stock Performance

Shares of CBBI stock opened at $10.40 on Wednesday. The company’s 50 day moving average price is $10.37 and its two-hundred day moving average price is $10.02. CBB Bancorp has a 52 week low of $9.22 and a 52 week high of $10.55. The company has a market capitalization of $110.14 million, a P/E ratio of 4.64 and a beta of 0.55.

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.