Sturgis Bancorp, Inc. (OTCMKTS:STBI – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $17.12 and traded as high as $17.40. Sturgis Bancorp shares last traded at $17.30, with a volume of 3,937 shares traded.
Sturgis Bancorp Price Performance
The stock has a market capitalization of $37.37 million, a P/E ratio of 72.08 and a beta of 0.43. The stock has a fifty day moving average price of $17.12 and a 200 day moving average price of $16.72.
Sturgis Bancorp Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend is Friday, November 15th. Sturgis Bancorp’s payout ratio is presently 283.33%.
Sturgis Bancorp Company Profile
Sturgis Bancorp, Inc operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts.
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