Century Bancorp, Inc. (NASDAQ:CNBKA) declared a quarterly dividend on Wednesday, October 11th, Wall Street Journal reports. Stockholders of record on Wednesday, November 1st will be paid a dividend of 0.12 per share by the bank on Wednesday, November 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend is Tuesday, October 31st.
Shares of Century Bancorp (CNBKA) remained flat at $87.70 on Thursday. The company had a trading volume of 47 shares. The firm has a market cap of $488.23 million, a P/E ratio of 17.93 and a beta of 0.73. The stock’s 50 day moving average price is $72.88 and its 200-day moving average price is $65.96. Century Bancorp has a one year low of $44.55 and a one year high of $89.30.
Century Bancorp (NASDAQ:CNBKA) last released its earnings results on Tuesday, October 10th. The bank reported $1.44 EPS for the quarter. Century Bancorp had a net margin of 23.11% and a return on equity of 11.65%. The business had revenue of $25.30 million during the quarter. Equities research analysts expect that Century Bancorp will post $2.31 earnings per share for the current fiscal year.
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In other news, major shareholder James J. Filler purchased 511 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were acquired at an average price of $66.64 per share, for a total transaction of $34,053.04. Following the completion of the acquisition, the insider now directly owns 570,561 shares of the company’s stock, valued at $38,022,185.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder James J. Filler purchased 903 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were purchased at an average price of $66.58 per share, for a total transaction of $60,121.74. Following the acquisition, the insider now directly owns 570,674 shares of the company’s stock, valued at $37,995,474.92. The disclosure for this purchase can be found here. Insiders have bought 15,444 shares of company stock worth $1,044,710 in the last 90 days. 36.91% of the stock is owned by company insiders.
About Century Bancorp
Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.
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