Evans Bancorp Inc (EVBN) To Go Ex-Dividend on March 13th

Evans Bancorp Inc (NYSE:EVBN) declared a semi-annual dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.66 per share on Thursday, April 10th. This represents a dividend yield of 3.1%. The ex-dividend date is Thursday, March 13th.

Evans Bancorp has raised its dividend by an average of 3.2% per year over the last three years.

Evans Bancorp Stock Down 1.4 %

Shares of Evans Bancorp stock opened at $42.54 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.99 and a quick ratio of 0.99. Evans Bancorp has a 1 year low of $24.07 and a 1 year high of $46.21. The firm has a market cap of $235.67 million, a price-to-earnings ratio of 20.07 and a beta of 0.92.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Evans Bancorp in a research note on Friday. They set a “hold” rating for the company.

Evans Bancorp Company Profile

Evans Bancorp, Inc primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. It operates in two segments, Banking Activities and Insurance Agency Activities.