Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) Announces Quarterly Dividend of $0.16

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

Chesapeake Financial Shares Price Performance

OTCMKTS CPKF traded down $0.02 during trading on Wednesday, reaching $18.81. 2,493 shares of the company traded hands, compared to its average volume of 1,965. Chesapeake Financial Shares has a 1-year low of $16.45 and a 1-year high of $19.50. The company has a market cap of $89.07 million, a price-to-earnings ratio of 7.77 and a beta of 0.50. The stock’s 50 day moving average price is $18.73 and its two-hundred day moving average price is $18.78. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.65 and a current ratio of 0.65.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings results on Tuesday, January 21st. The bank reported $0.64 EPS for the quarter, beating the consensus estimate of $0.54 by $0.10. Chesapeake Financial Shares had a return on equity of 10.69% and a net margin of 11.50%. As a group, analysts anticipate 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.