PB Bancorp, Inc. (NASDAQ:PBBI) announced a quarterly dividend on Friday, October 6th, Wall Street Journal reports. Stockholders of record on Wednesday, October 18th will be paid a dividend of 0.05 per share by the bank on Wednesday, November 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date is Tuesday, October 17th. This is an increase from PB Bancorp’s previous quarterly dividend of $0.04.

Shares of PB Bancorp (NASDAQ:PBBI) opened at 10.60 on Thursday. PB Bancorp has a one year low of $8.64 and a one year high of $11.10. The stock has a 50 day moving average price of $10.48 and a 200-day moving average price of $10.40. The company has a market capitalization of $78.47 million, a price-to-earnings ratio of 34.19 and a beta of 0.36.

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A hedge fund recently raised its stake in PB Bancorp stock. Vanguard Group Inc. boosted its holdings in PB Bancorp, Inc. (NASDAQ:PBBI) by 0.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,585 shares of the bank’s stock after buying an additional 800 shares during the period. Vanguard Group Inc. owned approximately 1.38% of PB Bancorp worth $1,088,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 41.51% of the company’s stock.

About PB Bancorp

PB Bancorp Inc is a bank holding company. The company was founded in September 2015 and is located in Putnam, Connecticut.

Dividend History for PB Bancorp (NASDAQ:PBBI)

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