Wellesley Bancorp Inc Announces Quarterly Dividend of $0.04 (WEBK)
Wellesley Bancorp Inc (NASDAQ:WEBK) announced a quarterly dividend on Thursday, November 17th. Stockholders of record on Wednesday, December 7th will be given a dividend of 0.04 per share on Wednesday, December 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.66%. The ex-dividend date is Monday, December 5th.
Shares of Wellesley Bancorp (NASDAQ:WEBK) opened at 24.326 on Wednesday. The stock has a 50 day moving average of $23.76 and a 200 day moving average of $21.61. Wellesley Bancorp has a 1-year low of $18.05 and a 1-year high of $24.80. The firm has a market cap of $56.58 million and a PE ratio of 18.304.
About Wellesley Bancorp
Wellesley Bancorp, Inc is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses. It attracts deposits from the general public and uses those funds to originate residential mortgage loans, commercial real estate loans and construction loans, and, to a lesser extent, commercial business loans, home equity lines of credit and other consumer loans.
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