PB Bancorp Inc (PBBI) to Issue Quarterly Dividend of $0.05

PB Bancorp Inc (NASDAQ:PBBI) declared a quarterly dividend on Wednesday, January 3rd, NASDAQ reports. Stockholders of record on Wednesday, January 17th will be paid a dividend of 0.05 per share by the bank on Wednesday, January 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date is Tuesday, January 16th.

Shares of PB Bancorp (NASDAQ PBBI) traded up $0.01 during mid-day trading on Thursday, hitting $10.53. The stock had a trading volume of 9,300 shares, compared to its average volume of 5,371. PB Bancorp has a twelve month low of $9.95 and a twelve month high of $11.10. The stock has a market capitalization of $83.16, a PE ratio of 40.50 and a beta of 0.35. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.90.

A hedge fund recently raised its stake in PB Bancorp stock. Vanguard Group Inc. grew its position in PB Bancorp Inc (NASDAQ:PBBI) by 0.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,585 shares of the bank’s stock after buying an additional 800 shares during the quarter. Vanguard Group Inc. owned 1.38% of PB Bancorp worth $1,088,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 30.06% of the company’s stock.

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About PB Bancorp

PB Bancorp Inc is a bank holding company. The company was founded in September 2015 and is located in Putnam, Connecticut.

Dividend History for PB Bancorp (NASDAQ:PBBI)

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