Century Bancorp, Inc. (CNBKA) Declares Quarterly Dividend of $0.12

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.

Dividend History for Century Bancorp (NASDAQ:CNBKA)

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