Prudential Bancorp Inc. Declares Quarterly Dividend of $0.03 (PBIP)
Prudential Bancorp Inc. (NASDAQ:PBIP) announced a quarterly dividend on Wednesday, November 16th. Stockholders of record on Thursday, December 8th will be given a dividend of 0.03 per share on Thursday, December 22nd. This represents a $0.12 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Tuesday, December 6th.
Prudential Bancorp (NASDAQ:PBIP) traded up 0.10% during midday trading on Wednesday, hitting $15.50. 5,688 shares of the stock traded hands. The company has a 50-day moving average price of $14.73 and a 200 day moving average price of $14.56. The stock has a market cap of $113.89 million, a price-to-earnings ratio of 70.14 and a beta of 0.06. Prudential Bancorp has a one year low of $13.80 and a one year high of $16.20.
Separately, TheStreet upgraded shares of Prudential Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, October 5th.
Prudential Bancorp Company Profile
Prudential Bancorp, Inc of Pennsylvania is a mid-tier holding company for Prudential Savings Bank (the Bank). The Bank is a wholly owned subsidiary of the Company. Prudential Mutual Holding Company, a Pennsylvania corporation, is the mutual holding company parent of the Company. As of September 30, 2012, Prudential Mutual Holding Company owns 74.6% of the Company.
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