Croghan Bancshares (OTCMKTS:CHBH) Trading 0.8% Higher – Here’s Why

Croghan Bancshares, Inc. (OTCMKTS:CHBH)’s share price rose 0.8% during trading on Monday . The stock traded as high as $53.43 and last traded at $53.43. Approximately 600 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 1,215 shares. The stock had previously closed at $53.00.

Croghan Bancshares Stock Performance

The business’s 50 day simple moving average is $50.89 and its 200 day simple moving average is $49.97.

Croghan Bancshares Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 31st. Investors of record on Monday, October 13th were paid a $0.59 dividend. This represents a dividend yield of 472.0%. The ex-dividend date of this dividend was Friday, October 10th. This is a boost from Croghan Bancshares’s previous dividend of $0.58. Croghan Bancshares’s dividend payout ratio (DPR) is presently 37.35%.

Croghan Bancshares Company Profile

Croghan Bancshares, Inc is a bank holding company based in Ogdensburg, New York, trading on the OTC Markets under the symbol CHBH. Through its wholly owned subsidiary, Croghan Savings Bank, the company delivers a full suite of retail and commercial banking services. Croghan Savings Bank traces its heritage to 1885, operating as a mutual savings institution committed to serving local customers with personalized financial solutions.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market funds and certificates of deposit.