Prime Meridian Holding (OTCMKTS:PMHG) Raises Dividend to $1.00 Per Share

Prime Meridian Holding (OTCMKTS:PMHG) declared an annual dividend on Thursday, January 16th,NASDAQ Dividends reports. Shareholders of record on Friday, February 7th will be given a dividend of 1.00 per share on Friday, February 28th. This represents a yield of 3.57%. The ex-dividend date is Friday, February 7th. This is a positive change from Prime Meridian’s previous annual dividend of $0.25.

Prime Meridian Stock Down 0.4 %

Shares of OTCMKTS PMHG traded down $0.11 during mid-day trading on Wednesday, reaching $27.89. 3,151 shares of the company’s stock traded hands, compared to its average volume of 1,973. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.96 and a quick ratio of 0.95. Prime Meridian has a 1-year low of $20.15 and a 1-year high of $30.99. The stock has a market cap of $91.76 million, a P/E ratio of 10.89 and a beta of 0.51. The business has a 50-day simple moving average of $28.98 and a 200 day simple moving average of $26.61.

Prime Meridian (OTCMKTS:PMHG) last released its quarterly earnings results on Thursday, January 30th. The company reported $0.65 EPS for the quarter. Prime Meridian had a return on equity of 10.05% and a net margin of 16.86%.

About Prime Meridian

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.