SBT Bancorp Inc. (SBTB) to Issue Quarterly Dividend of $0.15
SBT Bancorp Inc. (OTCMKTS:SBTB) declared a quarterly dividend on Friday, August 25th, Zacks reports. Investors of record on Friday, September 8th will be given a dividend of 0.15 per share by the financial services provider on Friday, September 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Thursday, September 7th. This is a positive change from SBT Bancorp’s previous quarterly dividend of $0.14.
SBT Bancorp (SBTB) remained flat at $25.45 on Friday. The company had a trading volume of 106 shares. The company has a market capitalization of $34.92 million, a price-to-earnings ratio of 16.44 and a beta of 0.24. The company’s 50 day moving average price is $25.23 and its 200 day moving average price is $25.24. SBT Bancorp has a 52-week low of $19.65 and a 52-week high of $25.90.
SBT Bancorp (OTCMKTS:SBTB) last posted its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.42 earnings per share for the quarter. The business had revenue of $4.41 million for the quarter. SBT Bancorp had a return on equity of 6.82% and a net margin of 10.74%.
SBT Bancorp Company Profile
SBT Bancorp, Inc is the holding company for The Simsbury Bank & Trust Company, Inc (the Bank). The Company is engaged in investment in the Bank, which is a community-oriented financial institution providing a range of banking and investment services. The Bank offers a range of commercial banking services to residents and businesses in its primary and secondary markets through a range of commercial loans and residential mortgage programs, as well as home equity lines and loans, Federal Deposit Insurance Corporation (FDIC)-insured checking, savings, and individual retirement account (IRA) accounts, as well as safe deposit and other customary non-deposit banking services.
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