Century Bancorp, Inc. (NASDAQ:CNBKA) announced a quarterly dividend on Wednesday, January 17th, Wall Street Journal reports. Investors of record on Thursday, February 1st will be given a dividend of 0.12 per share by the bank on Thursday, February 15th. This represents a $0.48 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Wednesday, January 31st.
Century Bancorp (CNBKA) traded down $0.55 during trading on Wednesday, reaching $80.15. 4,400 shares of the company were exchanged, compared to its average volume of 5,400. The stock has a market capitalization of $373.49, a P/E ratio of 20.98 and a beta of 0.75. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.50. Century Bancorp has a 52 week low of $53.35 and a 52 week high of $89.40.
CNBKA has been the topic of a number of recent research reports. BidaskClub downgraded shares of Century Bancorp from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 30th. ValuEngine downgraded shares of Century Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
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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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