Century Bancorp, Inc. (NASDAQ:CNBKA) announced a quarterly dividend on Wednesday, July 12th, Wall Street Journal reports. Stockholders of record on Tuesday, August 1st will be paid a dividend of 0.12 per share by the bank on Tuesday, August 15th. This represents a $0.48 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Friday, July 28th.

Shares of Century Bancorp (NASDAQ CNBKA) traded up 0.83% during midday trading on Friday, hitting $66.85. The stock had a trading volume of 1,701 shares. The firm has a market cap of $372.15 million, a price-to-earnings ratio of 13.67 and a beta of 0.70. The firm has a 50-day moving average price of $65.28 and a 200-day moving average price of $62.72. Century Bancorp has a 1-year low of $43.50 and a 1-year high of $68.69.

Century Bancorp (NASDAQ:CNBKA) last posted its earnings results on Tuesday, July 11th. The bank reported $1.47 EPS for the quarter. The firm had revenue of $26.40 million for the quarter. Century Bancorp had a net margin of 22.46% and a return on equity of 11.35%. On average, equities analysts anticipate that Century Bancorp will post $2.31 EPS for the current fiscal year.

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In other Century Bancorp news, major shareholder James J. Filler purchased 612 shares of the stock in a transaction dated Tuesday, May 23rd. The shares were bought at an average cost of $59.07 per share, with a total value of $36,150.84. Following the completion of the transaction, the insider now owns 560,792 shares in the company, valued at approximately $33,125,983.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder James J. Filler purchased 511 shares of the stock in a transaction dated Monday, July 31st. The stock was acquired at an average cost of $66.64 per share, for a total transaction of $34,053.04. Following the completion of the transaction, the insider now owns 570,561 shares of the company’s stock, valued at approximately $38,022,185.04. The disclosure for this purchase can be found here. Insiders have acquired 16,217 shares of company stock worth $1,019,122 over the last three months. Company insiders own 36.91% of the company’s stock.

Separately, ValuEngine raised shares of Century Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

Century Bancorp Company Profile

Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.

Dividend History for Century Bancorp (NASDAQ:CNBKA)

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