Citizens Financial (OTCMKTS:CIWV) Stock Price Down 1.7% – Time to Sell?

Citizens Financial Corp. (OTCMKTS:CIWV)’s share price dropped 1.7% during trading on Thursday . The company traded as low as $28.99 and last traded at $29.00. Approximately 400 shares traded hands during trading, an increase of 0% from the average daily volume of 400 shares. The stock had previously closed at $29.50.

Citizens Financial Stock Performance

The business has a 50 day moving average of $26.56 and a 200 day moving average of $23.50.

Citizens Financial Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Friday, January 17th. This is an increase from Citizens Financial’s previous quarterly dividend of $0.22. This represents a $1.00 dividend on an annualized basis and a yield of 3.45%. Citizens Financial’s dividend payout ratio is 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.