Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) Declares Quarterly Dividend of $0.16

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) announced a quarterly dividend on Friday, January 17th, NASDAQ Dividends reports. Shareholders of record on Saturday, March 1st will be paid a dividend of 0.16 per share by the bank on Saturday, March 15th. This represents a $0.64 annualized dividend and a yield of 3.40%. The ex-dividend date of this dividend is Friday, February 28th.

Chesapeake Financial Shares Trading Down 0.1 %

OTCMKTS CPKF traded down $0.02 during trading hours on Wednesday, hitting $18.81. The company’s stock had a trading volume of 2,493 shares, compared to its average volume of 1,965. The stock has a fifty day moving average of $18.73 and a 200 day moving average of $18.78. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22. Chesapeake Financial Shares has a twelve month low of $16.45 and a twelve month high of $19.50. The firm has a market capitalization of $89.07 million, a P/E ratio of 7.77 and a beta of 0.50.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its quarterly earnings results on Tuesday, January 21st. The bank reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.10. Chesapeake Financial Shares had a return on equity of 10.69% and a net margin of 11.50%. Equities research analysts forecast that Chesapeake Financial Shares will post 2.45 earnings per share for the current fiscal year.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.