AmeriServ Financial Inc. (ASRV) to Distribute Quarterly Dividend of $0.03 on November 16th

AmeriServ Financial Inc. (NASDAQ:ASRV – Get Free Report) declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.03 per share by the financial services provider on Monday, November 16th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Monday, November 2nd.

AmeriServ Financial Price Performance

ASRV stock opened at $4.91 on Friday. The firm has a 50 day moving average price of $4.71 and a 200-day moving average price of $4.08. AmeriServ Financial has a 52-week low of $2.96 and a 52-week high of $5.38. The firm has a market capitalization of $83.37 million, a price-to-earnings ratio of 9.09 and a beta of 0.45. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.83 and a current ratio of 0.83.

AmeriServ Financial (NASDAQ:ASRV – Get Free Report) last posted its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $0.18 earnings per share for the quarter. AmeriServ Financial had a return on equity of 7.50% and a net margin of 10.14%. The company had revenue of $15.96 million for the quarter.

About AmeriServ Financial

(Get Free Report)

AmeriServ Financial, Inc (NASDAQ:ASRV) is a regional financial services holding company headquartered in Johnstown, Pennsylvania. Through its principal subsidiary, AmeriServ Financial Bank, the company provides banking and related financial services to individuals, families, businesses and institutions.

AmeriServ’s offerings include deposit accounts, consumer and commercial lending, residential mortgage loans, business banking, treasury management and electronic banking services. The company also provides wealth management, trust administration, investment management and retirement-related services through its wealth and trust operations.

With roots dating to 1921, AmeriServ serves customers primarily in western and central Pennsylvania, along with surrounding markets.

Further Reading

Dividend History for AmeriServ Financial (NASDAQ:ASRV)

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