Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Plans Quarterly Dividend of $0.11

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) announced a quarterly dividend on Thursday, January 22nd. Stockholders of record on Friday, February 6th will be paid a dividend of 0.105 per share by the bank on Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, February 6th.

Citizens Community Bancorp has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 6 years. Citizens Community Bancorp has a payout ratio of 25.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Citizens Community Bancorp to earn $1.60 per share next year, which means the company should continue to be able to cover its $0.42 annual dividend with an expected future payout ratio of 26.2%.

Citizens Community Bancorp Stock Performance

NASDAQ CZWI traded up $0.06 on Wednesday, hitting $18.59. The stock had a trading volume of 2,553 shares, compared to its average volume of 53,691. The firm has a 50-day moving average of $18.01 and a 200-day moving average of $16.67. The company has a market capitalization of $179.58 million, a price-to-earnings ratio of 12.73 and a beta of 0.66. Citizens Community Bancorp has a 52-week low of $12.69 and a 52-week high of $18.99.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its earnings results on Monday, January 26th. The bank reported $0.44 EPS for the quarter, topping the consensus estimate of $0.37 by $0.07. Citizens Community Bancorp had a return on equity of 7.86% and a net margin of 14.60%.The business had revenue of $15.56 million during the quarter, compared to analysts’ expectations of $16.30 million. As a group, research analysts anticipate that Citizens Community Bancorp will post 1.31 earnings per share for the current fiscal year.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank’s deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.