Texas Community Bancshares, Inc. (NASDAQ:TCBS) to Issue Quarterly Dividend of $0.04

Texas Community Bancshares, Inc. (NASDAQ:TCBS) declared a quarterly dividend on Wednesday, February 26th, RTT News reports. Investors of record on Monday, March 10th will be paid a dividend of 0.04 per share on Monday, March 24th. This represents a $0.16 annualized dividend and a yield of 0.97%.

Texas Community Bancshares Stock Performance

Shares of NASDAQ:TCBS opened at $16.44 on Thursday. The business’s 50-day moving average is $15.54 and its 200 day moving average is $14.99. Texas Community Bancshares has a 1 year low of $13.11 and a 1 year high of $16.49. The firm has a market capitalization of $51.23 million, a P/E ratio of -23.15 and a beta of 0.01. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.95 and a quick ratio of 0.95.

Insider Transactions at Texas Community Bancshares

In other news, Director Anthony Scavuzzo acquired 2,807 shares of Texas Community Bancshares stock in a transaction dated Tuesday, December 17th. The stock was purchased at an average cost of $15.00 per share, for a total transaction of $42,105.00. Following the completion of the purchase, the director now directly owns 86,065 shares in the company, valued at $1,290,975. This trade represents a 3.37 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 19.10% of the company’s stock.

About Texas Community Bancshares

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.