USCB Financial Holdings, Inc. (USCB) To Go Ex-Dividend on February 14th

USCB Financial Holdings, Inc. (NASDAQ:USCB) announced a quarterly dividend on Tuesday, January 21st,RTT News reports. Investors of record on Friday, February 14th will be given a dividend of 0.10 per share on Wednesday, March 5th. This represents a $0.40 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from USCB Financial’s previous quarterly dividend of $0.05.

USCB Financial has a payout ratio of 22.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect USCB Financial to earn $1.83 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 21.9%.

USCB Financial Stock Up 0.5 %

NASDAQ:USCB opened at $19.52 on Wednesday. USCB Financial has a 1-year low of $10.25 and a 1-year high of $21.86. The company has a 50-day moving average of $18.47 and a 200 day moving average of $16.84. The firm has a market cap of $387.28 million, a PE ratio of 15.87 and a beta of 0.64. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.91 and a quick ratio of 0.91.

USCB Financial (NASDAQ:USCB) last released its quarterly earnings data on Thursday, January 23rd. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). USCB Financial had a return on equity of 12.14% and a net margin of 17.14%. As a group, research analysts anticipate that USCB Financial will post 1.52 EPS for the current fiscal year.

Analyst Ratings Changes

USCB has been the subject of several analyst reports. Piper Sandler raised shares of USCB Financial from a “neutral” rating to an “overweight” rating and increased their price target for the company from $17.00 to $20.00 in a research report on Monday, November 4th. Raymond James raised shares of USCB Financial from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 1st.

About USCB Financial

USCB Financial Holdings, Inc operates as the bank holding company for U.S. Century Bank that engages in the provision of various personal and business banking products and services in the United States. It accepts various deposit products, including commercial and consumer checking, money market deposit, savings, and time deposit accounts, as well as certificates of deposit.