Peoples Bancorp of North Carolina, Inc. Plans Quarterly Dividend of $0.21 (NASDAQ:PEBK)

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) declared a quarterly dividend on Friday, May 22nd. Stockholders of record on Wednesday, June 3rd will be given a dividend of 0.21 per share by the bank on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, June 3rd.

Peoples Bancorp of North Carolina has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

Peoples Bancorp of North Carolina Stock Down 1.2%

Shares of Peoples Bancorp of North Carolina stock traded down $0.51 on Friday, hitting $42.05. 32,699 shares of the company’s stock traded hands, compared to its average volume of 26,897. The stock has a market cap of $229.59 million, a P/E ratio of 11.58 and a beta of 0.28. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.10. The firm’s 50-day moving average is $39.80 and its 200 day moving average is $37.06. Peoples Bancorp of North Carolina has a 52-week low of $26.81 and a 52-week high of $43.31.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) last released its earnings results on Monday, April 20th. The bank reported $0.80 EPS for the quarter. The company had revenue of $21.57 million during the quarter. Peoples Bancorp of North Carolina had a return on equity of 13.07% and a net margin of 17.22%.

Peoples Bancorp of North Carolina Company Profile

Peoples Bancorp of North Carolina, Inc is a bank holding company headquartered in Hickory, North Carolina, that operates through its wholly owned subsidiary, Peoples Bank. The company provides a comprehensive suite of banking and financial services tailored to individuals, small businesses, and municipal clients in the western region of North Carolina.

Through its community banking network, Peoples Bancorp offers deposit products such as checking, savings, money market accounts and certificates of deposit, alongside consumer and commercial lending solutions.