Century Bancorp, Inc. (NASDAQ:CNBKA) announced a quarterly dividend on Wednesday, October 11th, Wall Street Journal reports. Stockholders of record on Wednesday, November 1st will be given a dividend of 0.12 per share by the bank on Wednesday, November 15th. This represents a $0.48 annualized dividend and a dividend yield of 0.55%. The ex-dividend date is Tuesday, October 31st.
Century Bancorp (NASDAQ:CNBKA) traded up 1.04% during midday trading on Wednesday, hitting $87.70. 22,358 shares of the stock traded hands. The company has a 50-day moving average of $72.27 and a 200-day moving average of $65.80. Century Bancorp has a 12 month low of $44.55 and a 12 month high of $89.30. The stock has a market cap of $488.23 million, a PE ratio of 17.93 and a beta of 0.73.
Century Bancorp (NASDAQ:CNBKA) last released its earnings results on Tuesday, October 10th. The bank reported $1.44 EPS for the quarter. Century Bancorp had a return on equity of 11.18% and a net margin of 22.46%. The firm had revenue of $25.30 million during the quarter. On average, equities research analysts anticipate that Century Bancorp will post $2.31 earnings per share for the current year.
In other Century Bancorp news, major shareholder James J. Filler acquired 903 shares of the business’s stock in a transaction dated Thursday, August 3rd. The stock was acquired at an average cost of $66.58 per share, for a total transaction of $60,121.74. Following the completion of the transaction, the insider now directly owns 570,674 shares of the company’s stock, valued at $37,995,474.92. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder James J. Filler acquired 727 shares of the business’s stock in a transaction dated Friday, July 21st. The stock was acquired at an average price of $66.29 per share, with a total value of $48,192.83. Following the completion of the transaction, the insider now directly owns 569,350 shares of the company’s stock, valued at $37,742,211.50. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 15,444 shares of company stock valued at $1,044,710. 36.91% of the stock is owned by company insiders.
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Century Bancorp Company Profile
Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.
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