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.
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About Codorus Valley Bancorp
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.
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