Citizens Holding Announces Quarterly Dividend of $0.16 (NASDAQ:CIZN)

Citizens Holding (NASDAQ:CIZN) announced a quarterly dividend on Friday, March 14th, NASDAQ Dividends reports. Shareholders of record on Monday, March 17th will be given a dividend of 0.16 per share by the bank on Monday, March 31st. This represents a $0.64 annualized dividend and a yield of 6.27%. The ex-dividend date of this dividend is Monday, March 17th.

Citizens has decreased its dividend payment by an average of 12.6% per year over the last three years.

Citizens Stock Up 1.7 %

CIZN traded up $0.17 on Friday, hitting $10.20. 330 shares of the company traded hands, compared to its average volume of 2,046. The company has a 50 day moving average of $9.84 and a 200-day moving average of $9.30. The stock has a market capitalization of $57.50 million, a PE ratio of 10.41 and a beta of -0.06. Citizens has a 12-month low of $7.65 and a 12-month high of $11.00.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Citizens in a research note on Sunday, March 9th. They set a “sell” rating for the company.

Citizens Company Profile

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.