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

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF - Get Free Report) declared a dividend on Saturday, May 24th, investing.com reports. Shareholders of record on Monday, June 2nd will be given a dividend of 0.16 per share by the bank on Sunday, June 15th. This represents a yield of 3.2%. The ex-dividend date of this dividend is Friday, May 30th. This is a 6.7% increase from Chesapeake Financial Shares's previous dividend of $0.15.

Chesapeake Financial Shares Price Performance

Shares of CPKF traded up $0.72 during mid-day trading on Thursday, reaching $20.72. The company had a trading volume of 700 shares, compared to its average volume of 2,609. The company has a market capitalization of $97.45 million, a P/E ratio of 8.56 and a beta of 0.29. Chesapeake Financial Shares has a twelve month low of $16.81 and a twelve month high of $20.72. The company's 50-day moving average is $19.52 and its 200-day moving average is $19.06. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.65 and a quick ratio of 0.65.

Chesapeake Financial Shares (OTCMKTS:CPKF - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The bank reported $0.62 EPS for the quarter, topping the consensus estimate of $0.58 by $0.04. Chesapeake Financial Shares had a return on equity of 10.69% and a net margin of 11.50%. On average, equities analysts anticipate that Chesapeake Financial Shares will post 2.45 EPS for the current year.

About Chesapeake Financial Shares

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.