Peoples (OTCMKTS:PPLL) Shares Up 4.2% – Here’s What Happened

Peoples Ltd. (OTCMKTS:PPLL)’s share price shot up 4.2% during mid-day trading on Friday . The company traded as high as $75.00 and last traded at $75.00. 100 shares changed hands during trading, a decline of 15% from the average session volume of 117 shares. The stock had previously closed at $72.00.

Peoples Trading Up 4.2 %

The firm has a fifty day moving average price of $80.64 and a 200 day moving average price of $70.76.

Peoples Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend is Friday, March 14th.

About Peoples

Peoples Ltd. operates as the holding company for PS Bank that engages in the provision of various financial services to individuals, small businesses, and corporate customers in Pennsylvania, the United States. It offers savings, checking, money market, business checking, NOW checking, and individual retirement accounts, as well as certificates of deposit.