Codorus Valley Bancorp, Inc (NASDAQ:CVLY) announced a quarterly dividend on Thursday, October 12th, Wall Street Journal reports. Investors of record on Tuesday, October 24th will be given a dividend of 0.135 per share by the financial services provider on Tuesday, November 14th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Monday, October 23rd.
Codorus Valley Bancorp (NASDAQ:CVLY) last posted its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.43 EPS for the quarter. Codorus Valley Bancorp had a net margin of 18.78% and a return on equity of 9.12%. The business had revenue of $17.47 million for the quarter.
In related news, Director Macgregor S. Jones sold 3,971 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $28.09, for a total transaction of $111,545.39. Following the sale, the director now owns 27,763 shares of the company’s stock, valued at $779,862.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Macgregor S. Jones sold 1,450 shares of the business’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $28.01, for a total transaction of $40,614.50. Following the sale, the director now directly owns 28,739 shares in the company, valued at approximately $804,979.39. The disclosure for this sale can be found here. Insiders have sold 5,561 shares of company stock worth $155,920 in the last three months. 4.16% of the stock is currently owned by insiders.
ILLEGAL ACTIVITY WARNING: “Codorus Valley Bancorp, Inc (CVLY) Declares $0.14 Quarterly Dividend” was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark laws. The original version of this report can be viewed at https://www.com-unik.info/2017/10/13/codorus-valley-bancorp-inc-cvly-declares-0-14-quarterly-dividend.html.
Codorus Valley Bancorp, Inc is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Company operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services.
What are top analysts saying about Codorus Valley Bancorp Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Codorus Valley Bancorp Inc and related companies.