Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) Announces Quarterly Dividend of $0.16

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) declared a quarterly dividend on Friday, October 18th,NASDAQ Dividends reports. Shareholders of record on Sunday, December 1st will be paid a dividend of 0.16 per share by the bank on Sunday, December 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Friday, November 29th. This is a boost from Chesapeake Financial Shares’s previous quarterly dividend of $0.16.

Chesapeake Financial Shares Stock Up 0.3 %

OTCMKTS CPKF opened at $19.00 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.22. The company has a market cap of $89.89 million, a price-to-earnings ratio of 9.64 and a beta of 0.50. The company has a 50 day moving average of $19.00 and a 200-day moving average of $18.26. Chesapeake Financial Shares has a 1-year low of $16.45 and a 1-year high of $20.25.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings data on Monday, October 21st. The bank reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.01). The company had revenue of $18.16 million during the quarter, compared to analyst estimates of $17.40 million. Chesapeake Financial Shares had a net margin of 9.73% and a return on equity of 8.86%. On average, equities research analysts expect that Chesapeake Financial Shares will post 2.32 earnings per share for the current fiscal year.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.