Prime Meridian Holding (OTCMKTS:PMHG) Plans Annual Dividend of $1.00

Prime Meridian Holding (OTCMKTS:PMHG) declared an annual dividend on Thursday, January 16th,NASDAQ Dividends reports. Shareholders of record on Friday, February 7th will be given a dividend of 1.00 per share on Friday, February 28th. This represents a dividend yield of 3.57%. The ex-dividend date is Friday, February 7th. This is an increase from Prime Meridian’s previous annual dividend of $0.25.

Prime Meridian Stock Performance

Shares of OTCMKTS:PMHG traded down $0.11 on Wednesday, hitting $27.89. The company had a trading volume of 3,151 shares, compared to its average volume of 1,973. Prime Meridian has a 1-year low of $20.15 and a 1-year high of $30.99. The stock has a market cap of $91.76 million, a price-to-earnings ratio of 10.89 and a beta of 0.51. The stock has a 50 day moving average price of $28.98 and a 200 day moving average price of $26.61. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.11.

Prime Meridian (OTCMKTS:PMHG) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.65 EPS for the quarter. Prime Meridian had a net margin of 16.86% and a return on equity of 10.05%.

About Prime Meridian

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.