Citizens Financial (OTCMKTS:CIWV) Trading Up 1.8% – Here’s Why

Shares of Citizens Financial Corp. (OTCMKTS:CIWV) traded up 1.8% during trading on Thursday . The stock traded as high as $28.50 and last traded at $28.00. 1,005 shares traded hands during mid-day trading, an increase of 142% from the average session volume of 415 shares. The stock had previously closed at $27.50.

Citizens Financial Stock Performance

The stock has a fifty day moving average price of $25.50 and a 200 day moving average price of $22.57.

Citizens Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Saturday, January 18th were given a dividend of $0.25 per share. This is a positive change from Citizens Financial’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, January 17th. This represents a $1.00 dividend on an annualized basis and a yield of 3.57%. Citizens Financial’s payout ratio is currently 47.81%.

About Citizens Financial

Citizens Financial Corp. operates as the bank holding company for Citizens Bank of West Virginia, Inc that engages in the provision of retail, secondary market, and commercial loan services to consumers and businesses in West Virginia. It provides various deposit products, including checking accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.