William Penn Bancorporation (NASDAQ:WMPN) to Issue $0.03 Quarterly Dividend

William Penn Bancorporation (NASDAQ:WMPN) declared a quarterly dividend on Wednesday, April 17th, investing.com reports. Investors of record on Monday, April 29th will be paid a dividend of 0.03 per share on Thursday, May 9th. This represents a $0.12 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Friday, April 26th.

William Penn Bancorporation has a dividend payout ratio of 80.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble.

William Penn Bancorporation Trading Down 0.4 %

Shares of WMPN stock opened at $12.05 on Wednesday. The business’s fifty day moving average price is $12.23 and its 200 day moving average price is $12.25. William Penn Bancorporation has a 1-year low of $8.77 and a 1-year high of $12.96. The firm has a market capitalization of $115.08 million, a PE ratio of 133.89 and a beta of -0.02. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.78 and a quick ratio of 0.78.

William Penn Bancorporation (NASDAQ:WMPN) last posted its earnings results on Wednesday, April 17th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. The company had revenue of $8.89 million for the quarter, compared to the consensus estimate of $4.70 million. William Penn Bancorporation had a return on equity of 0.34% and a net margin of 2.44%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler boosted their target price on William Penn Bancorporation from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, January 19th.

About William Penn Bancorporation

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.