Century Bancorp, Inc. (NASDAQ:CNBKA) announced a quarterly dividend on Tuesday, October 8th, Zacks reports. Shareholders of record on Friday, November 1st will be paid a dividend of 0.12 per share by the bank on Friday, November 15th. This represents a $0.48 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date is Thursday, October 31st.

Shares of CNBKA traded up $0.08 during trading hours on Thursday, hitting $88.21. The stock had a trading volume of 85 shares, compared to its average volume of 6,761. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a 50 day simple moving average of $84.84 and a 200-day simple moving average of $85.51. The firm has a market capitalization of $482.44 million, a P/E ratio of 12.58 and a beta of 0.85. Century Bancorp has a 1-year low of $65.15 and a 1-year high of $95.70.

Century Bancorp (NASDAQ:CNBKA) last issued its earnings results on Tuesday, July 9th. The bank reported $1.70 EPS for the quarter. The company had revenue of $28.25 million during the quarter. Century Bancorp had a return on equity of 12.63% and a net margin of 22.75%.

Several analysts have recently commented on CNBKA shares. BidaskClub upgraded Century Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, September 12th. ValuEngine downgraded Century Bancorp from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd.

In other Century Bancorp news, major shareholder James J. Filler purchased 532 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The shares were acquired at an average price of $85.42 per share, with a total value of $45,443.44. Following the transaction, the insider now owns 703,451 shares in the company, valued at $60,088,784.42. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder James J. Filler purchased 598 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The stock was acquired at an average cost of $87.05 per share, for a total transaction of $52,055.90. Following the transaction, the insider now owns 700,611 shares in the company, valued at approximately $60,988,187.55. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 23,909 shares of company stock valued at $1,965,960. 36.91% of the stock is currently owned by company insiders.

About Century Bancorp

Century Bancorp, Inc operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development.

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Dividend History for Century Bancorp (NASDAQ:CNBKA)

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