Croghan Bancshares (OTCMKTS:CHBH) Stock Price Up 2% – Here’s Why

Croghan Bancshares, Inc. (OTCMKTS:CHBHGet Free Report) shares shot up 2% on Friday . The company traded as high as $50.00 and last traded at $50.00. 311 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 1,064 shares. The stock had previously closed at $49.01.

Croghan Bancshares Stock Up 2.0 %

The business’s 50-day moving average price is $46.94 and its 200-day moving average price is $46.69.

Croghan Bancshares Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 11th were issued a dividend of $0.58 per share. This is a positive change from Croghan Bancshares’s previous dividend of $0.57. The ex-dividend date of this dividend was Friday, October 11th. Croghan Bancshares’s dividend payout ratio (DPR) is currently 37.35%.

About Croghan Bancshares

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Croghan Bancshares, Inc operates as the holding company for the Croghan Colonial Bank, a state-chartered bank that provides a range of commercial and retail banking services to individuals and business clients in Ohio. It offers personal and business checking accounts, savings accounts, and time deposit accounts, as well as safe deposit box and trust department services.

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