Texas Community Bancshares, Inc. Announces Quarterly Dividend of $0.04 (NASDAQ:TCBS)

Texas Community Bancshares, Inc. (NASDAQ:TCBS) declared a quarterly dividend on Tuesday, November 19th,RTT News reports. Investors of record on Thursday, December 12th will be paid a dividend of 0.04 per share on Thursday, December 26th. This represents a $0.16 annualized dividend and a yield of 1.08%.

Texas Community Bancshares Price Performance

Texas Community Bancshares stock traded down $0.07 during midday trading on Tuesday, hitting $14.80. The company’s stock had a trading volume of 4,563 shares, compared to its average volume of 2,697. Texas Community Bancshares has a 12 month low of $11.78 and a 12 month high of $15.24. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.20. The stock’s 50-day moving average price is $14.85 and its 200-day moving average price is $14.39. The company has a market capitalization of $46.18 million, a PE ratio of -20.84 and a beta of 0.01.

Insider Activity at Texas Community Bancshares

In related news, Director Anthony Scavuzzo purchased 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The shares were purchased at an average price of $13.99 per share, with a total value of $209,850.00. Following the purchase, the director now owns 83,258 shares of the company’s stock, valued at $1,164,779.42. This trade represents a 21.98 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Terri Baucum sold 3,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $14.26, for a total value of $42,780.00. Following the sale, the senior vice president now owns 7,819 shares in the company, valued at approximately $111,498.94. The trade was a 27.73 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 19.10% of the company’s stock.

About Texas Community Bancshares

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.