William Penn Bancorporation (WMPN) to Issue Quarterly Dividend of $0.03 on May 9th

William Penn Bancorporation (NASDAQ:WMPN) declared a quarterly dividend on Wednesday, April 17th, investing.com reports. Shareholders of record on Monday, April 29th will be given a dividend of 0.03 per share on Thursday, May 9th. This represents a $0.12 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Friday, April 26th.

William Penn Bancorporation has a payout ratio of 80.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall.

William Penn Bancorporation Stock Down 0.4 %

WMPN stock opened at $12.05 on Wednesday. The business’s 50-day moving average is $12.23 and its two-hundred day moving average is $12.25. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 0.78. William Penn Bancorporation has a fifty-two week low of $8.77 and a fifty-two week high of $12.96. The company has a market cap of $115.08 million, a price-to-earnings ratio of 133.89 and a beta of -0.02.

William Penn Bancorporation (NASDAQ:WMPN) last posted its quarterly earnings data on Wednesday, April 17th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.02. William Penn Bancorporation had a return on equity of 0.34% and a net margin of 2.44%. The firm had revenue of $8.89 million for the quarter, compared to the consensus estimate of $4.70 million.

Analyst Upgrades and Downgrades

Separately, Piper Sandler lifted their target price on William Penn Bancorporation from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Friday, January 19th.

William Penn Bancorporation Company Profile

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.