Community Bancorp Inc (NASDAQ:CMTV) to Issue Quarterly Dividend of $0.25

Community Bancorp Inc (NASDAQ:CMTV) declared a quarterly dividend on Wednesday, June 17th. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.25 per share on Saturday, August 1st. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 15th.

Community Bancorp Stock Performance

Shares of NASDAQ:CMTV remained flat at $41.25 during trading on Friday. The company’s stock had a trading volume of 50,751 shares, compared to its average volume of 17,632. Community Bancorp has a 52-week low of $19.36 and a 52-week high of $42.92. The stock has a market cap of $230.59 million, a PE ratio of 13.01 and a beta of 0.41. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.94. The stock’s fifty day simple moving average is $38.45.

Community Bancorp (NASDAQ:CMTV) last released its quarterly earnings data on Tuesday, April 21st. The company reported $0.78 EPS for the quarter. Community Bancorp had a return on equity of 15.98% and a net margin of 25.28%.The company had revenue of $12.69 million during the quarter.

Insider Buying and Selling

In other news, CEO Christopher L. Caldwell purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The stock was acquired at an average cost of $35.30 per share, with a total value of $35,300.00. Following the acquisition, the chief executive officer owned 12,000 shares in the company, valued at approximately $423,600. This trade represents a 9.09% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Wayne Lamberton purchased 1,350 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The shares were purchased at an average cost of $34.32 per share, with a total value of $46,332.00. Following the completion of the acquisition, the director owned 10,045 shares in the company, valued at $344,744.40. The trade was a 15.53% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 6.59% of the company’s stock.

Institutional Investors Weigh In On Community Bancorp

A number of institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new position in shares of Community Bancorp during the 1st quarter worth approximately $202,000. Bank of America Corp DE acquired a new stake in shares of Community Bancorp in the first quarter valued at approximately $416,000. Hanson & Doremus Investment Management bought a new stake in shares of Community Bancorp in the first quarter valued at approximately $445,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Community Bancorp in the first quarter valued at approximately $1,919,000.

Community Bancorp Company Profile

Community Bancorp (NASDAQ: CMTV) is a bank holding company that provides commercial banking and related financial services through its subsidiary banking operations. The company focuses on deposit-taking and lending activities typical of community-oriented banks, serving the needs of individual customers, small and medium-sized businesses, and local organizations.

Its primary products and services include core deposit accounts, commercial and consumer lending, mortgage and real estate finance, and payment and treasury management services designed to support local business cash flow and day-to-day banking needs.