Croghan Bancshares (OTCMKTS:CHBH) Stock Price Down 4% – What’s Next?

Croghan Bancshares, Inc. (OTCMKTS:CHBHGet Free Report) shares were down 4% during mid-day trading on Monday . The company traded as low as $49.78 and last traded at $50.03. Approximately 448 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 1,310 shares. The stock had previously closed at $52.09.

Croghan Bancshares Trading Down 4.0%

The firm has a 50-day simple moving average of $49.92 and a 200 day simple moving average of $49.22.

Croghan Bancshares Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, October 31st. Investors of record on Monday, October 13th were paid a $0.59 dividend. This represents a dividend yield of 472.0%. The ex-dividend date was Friday, October 10th. This is a positive change from Croghan Bancshares’s previous dividend of $0.58. Croghan Bancshares’s dividend payout ratio (DPR) is 37.35%.

Croghan Bancshares Company Profile

(Get Free Report)

Croghan Bancshares, Inc operates as the holding company for the Croghan Colonial Bank, a state-chartered bank that provides a range of commercial and retail banking services to individuals and business clients in Ohio. It offers personal and business checking accounts, savings accounts, and time deposit accounts, as well as safe deposit box and trust department services.

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