Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) to Issue $0.16 Quarterly Dividend

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) declared a quarterly dividend on Friday, January 17th, NASDAQ Dividends reports. Stockholders of record on Saturday, March 1st will be paid a dividend of 0.16 per share by the bank on Saturday, March 15th. This represents a $0.64 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend is Friday, February 28th.

Chesapeake Financial Shares Trading Down 0.1 %

Shares of OTCMKTS:CPKF traded down $0.02 during midday trading on Wednesday, hitting $18.81. The company had a trading volume of 2,493 shares, compared to its average volume of 1,965. The firm has a fifty day simple moving average of $18.73 and a 200 day simple moving average of $18.78. The stock has a market cap of $89.07 million, a price-to-earnings ratio of 7.77 and a beta of 0.50. Chesapeake Financial Shares has a 12 month low of $16.45 and a 12 month high of $19.50. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.22.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings data on Tuesday, January 21st. The bank reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.10. Chesapeake Financial Shares had a net margin of 11.50% and a return on equity of 10.69%. On average, analysts predict that Chesapeake Financial Shares will post 2.45 EPS for the current year.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.