Citizens Holding (NASDAQ:CIZN) Plans Quarterly Dividend of $0.16

Citizens Holding (NASDAQ:CIZN) announced a quarterly dividend on Friday, March 14th, NASDAQ Dividends reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.16 per share by the bank on Monday, March 31st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.27%. The ex-dividend date of this dividend is Monday, March 17th.

Citizens has decreased its dividend payment by an average of 12.6% per year over the last three years.

Citizens Price Performance

Shares of CIZN stock traded up $0.17 on Friday, reaching $10.20. 330 shares of the stock were exchanged, compared to its average volume of 2,046. The stock has a market cap of $57.50 million, a PE ratio of 10.41 and a beta of -0.06. Citizens has a one year low of $7.65 and a one year high of $11.00. The stock has a 50 day moving average price of $9.84 and a 200 day moving average price of $9.30.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Citizens in a research report on Sunday, March 9th. They set a “sell” rating for the company.

About Citizens

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.