AmeriServ Financial Inc. (NASDAQ:ASRV) Announces $0.03 Quarterly Dividend

AmeriServ Financial Inc. (NASDAQ:ASRV) declared a quarterly dividend on Tuesday, July 21st. Investors of record on Monday, August 3rd will be paid a dividend of 0.03 per share by the financial services provider on Monday, August 17th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, August 3rd.

AmeriServ Financial has raised its dividend payment by an average of 0.0%per year over the last three years.

AmeriServ Financial Stock Up 1.6%

AmeriServ Financial stock opened at $3.93 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.85 and a quick ratio of 0.85. AmeriServ Financial has a fifty-two week low of $2.64 and a fifty-two week high of $4.04. The firm has a fifty day moving average price of $3.83 and a two-hundred day moving average price of $3.69. The firm has a market cap of $66.67 million, a price-to-earnings ratio of 11.91 and a beta of 0.44.

AmeriServ Financial (NASDAQ:ASRV) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.16 EPS for the quarter. AmeriServ Financial had a return on equity of 4.72% and a net margin of 6.20%.The business had revenue of $15.90 million for the quarter.

About AmeriServ Financial

AmeriServ Financial, Inc is a holding company, which engages in the provision of consumer, mortgage and commercial financial products and services through its subsidiary. It operates through the following segments: Community Banking, Wealth Management, and Investment or Parent. The Community Banking segment includes both retail and commercial banking activities. The Wealth Management segment involves in the operations of a Trust Company, West Chester Capital Advisors an investment advisory firm, and Financial Services.