Middlefield Banc Corp (MBCN) To Go Ex-Dividend on November 23rd
Middlefield Banc Corp (NASDAQ:MBCN) announced a quarterly dividend on Thursday, November 17th. Investors of record on Monday, November 28th will be given a dividend of 0.27 per share on Thursday, December 15th. This represents a $1.08 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend is Wednesday, November 23rd.
Shares of Middlefield Banc Corp (NASDAQ:MBCN) opened at 35.60 on Friday. The company has a 50 day moving average price of $34.65 and a 200 day moving average price of $33.09. Middlefield Banc Corp has a 1-year low of $31.19 and a 1-year high of $36.00. The stock has a market cap of $80.10 million, a P/E ratio of 11.07 and a beta of -0.03.
Separately, Keefe, Bruyette & Woods lifted their price target on Middlefield Banc Corp from $37.00 to $38.00 and gave the stock a “market perform” rating in a research report on Monday, August 1st.
About Middlefield Banc Corp
Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities and travelers’ checks.
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