Citizens Holding (CIZN) to Issue Quarterly Dividend of $0.16 on March 31st

Citizens Holding (NASDAQ:CIZN) announced a quarterly dividend on Friday, March 14th, NASDAQ Dividends reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.16 per share by the bank on Monday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 6.27%. The ex-dividend date is Monday, March 17th.

Citizens has decreased its dividend by an average of 12.6% annually over the last three years.

Citizens Stock Up 1.7 %

Shares of NASDAQ CIZN traded up $0.17 during trading on Friday, hitting $10.20. 330 shares of the company traded hands, compared to its average volume of 2,046. Citizens has a 1 year low of $7.65 and a 1 year high of $11.00. The company has a 50-day moving average price of $9.84 and a 200-day moving average price of $9.30. The firm has a market capitalization of $57.50 million, a P/E ratio of 10.41 and a beta of -0.06.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Citizens in a report on Sunday, March 9th. They issued a “sell” rating for the company.

About Citizens

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.