Burke & Herbert Financial Services Corp. (NASDAQ:BHRB – Get Free Report) announced a quarterly dividend on Thursday, January 22nd. Investors of record on Friday, February 13th will be paid a dividend of 0.55 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, February 13th.
Burke & Herbert Financial Services has a dividend payout ratio of 28.0% indicating that its dividend is sufficiently covered by earnings.
Burke & Herbert Financial Services Price Performance
BHRB opened at $64.00 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.11. The company’s 50-day moving average price is $64.70 and its 200 day moving average price is $62.50. Burke & Herbert Financial Services has a fifty-two week low of $47.57 and a fifty-two week high of $70.51. The firm has a market cap of $961.92 million, a price-to-earnings ratio of 8.29 and a beta of 1.02.
About Burke & Herbert Financial Services
Burke & Herbert Financial Services, Inc is a bank holding company headquartered in Alexandria, Virginia, and the parent company of Burke & Herbert Bank. The company operates as a community‐focused financial institution, offering a full suite of commercial and consumer banking products to individuals, small businesses, and nonprofit organizations in the Washington, DC metropolitan area.
The company’s core banking services include traditional deposit accounts such as checking, savings, money market and certificates of deposit, alongside digital banking platforms for online and mobile account access.
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