Peoples Bancorp of North Carolina, Inc. (PEBK) To Go Ex-Dividend on March 3rd

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) announced a quarterly dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Monday, March 3rd will be given a dividend of 0.20 per share by the bank on Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase from Peoples Bancorp of North Carolina’s previous quarterly dividend of $0.19.

Peoples Bancorp of North Carolina has increased its dividend payment by an average of 4.8% annually over the last three years.

Peoples Bancorp of North Carolina Stock Down 1.0 %

PEBK stock opened at $26.42 on Friday. The firm has a 50 day moving average of $29.64 and a 200 day moving average of $28.63. The stock has a market capitalization of $144.20 million, a PE ratio of 8.87 and a beta of 0.60. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.11. Peoples Bancorp of North Carolina has a 52 week low of $23.74 and a 52 week high of $33.31.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) last released its earnings results on Wednesday, February 12th. The bank reported $0.65 EPS for the quarter. Peoples Bancorp of North Carolina had a net margin of 15.08% and a return on equity of 12.85%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Peoples Bancorp of North Carolina from a “buy” rating to a “hold” rating in a research note on Tuesday.

Peoples Bancorp of North Carolina Company Profile

Peoples Bancorp of North Carolina, Inc operates as the bank holding company for Peoples Bank that provides various banking products and services for individuals and small-to medium-sized businesses. It offers checking, savings, money market, and retirement accounts; certificates of deposits; and credit and debit cards.