CNB Financial (NASDAQ:CCNEP) Stock Price Down 0.6% – Time to Sell?

CNB Financial Co. (NASDAQ:CCNEP) dropped 0.6% during trading on Wednesday . The stock traded as low as $25.12 and last traded at $25.1320. 894 shares were traded during trading, a decline of 40% from the average daily volume of 1,479 shares. The stock had previously closed at $25.29.

CNB Financial Price Performance

The company’s 50-day moving average is $24.91 and its two-hundred day moving average is $24.99.

CNB Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be paid a $0.4453 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Friday, August 14th.

About CNB Financial

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania, and operates through its subsidiary, CNB Bank. The company provides a full range of financial services to individual and commercial customers, including deposit accounts, consumer and commercial lending, mortgage banking, and treasury management solutions. Through its branch network and digital banking platforms, CNB Financial seeks to deliver personalized service and local decision-making across its footprint.

Founded in 1874, CNB Financial has built a regional presence in central and western Pennsylvania, maintaining branches in communities such as Clearfield, Centre, Cambria, Jefferson and Indiana counties.