Consumers Bancorp, Inc. (OTCMKTS:CBKM – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 50.0% from the October 15th total of 200 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 0.0 days.
Consumers Bancorp Stock Performance
CBKM remained flat at $18.80 during trading on Thursday. The company’s stock had a trading volume of 68 shares, compared to its average volume of 1,837. Consumers Bancorp has a one year low of $15.25 and a one year high of $18.95. The business’s fifty day moving average price is $18.04 and its two-hundred day moving average price is $17.22.
Consumers Bancorp Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Monday, August 26th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 4.04%. The ex-dividend date was Monday, August 26th. This is a positive change from Consumers Bancorp’s previous quarterly dividend of $0.18. Consumers Bancorp’s payout ratio is presently 44.08%.
About Consumers Bancorp
Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.
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