LINKBANCORP, Inc. (NASDAQ:LNKB - Get Free Report) announced a quarterly dividend on Thursday, May 16th, Wall Street Journal reports. Stockholders of record on Friday, May 31st will be given a dividend of 0.075 per share on Friday, June 14th. This represents a $0.30 annualized dividend and a dividend yield of 4.52%. The ex-dividend date of this dividend is Friday, May 31st.
LINKBANCORP Stock Performance
LNKB stock traded up $0.14 during midday trading on Thursday, reaching $6.64. 18,943 shares of the company were exchanged, compared to its average volume of 33,610. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50-day moving average price of $6.71 and a two-hundred day moving average price of $6.90. LINKBANCORP has a one year low of $4.80 and a one year high of $8.29. The firm has a market capitalization of $248.00 million, a price-to-earnings ratio of -25.00 and a beta of 0.62.
Analyst Ratings Changes
Separately, Stephens reaffirmed an "equal weight" rating and issued a $7.50 price target on shares of LINKBANCORP in a research note on Monday.
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About LINKBANCORP
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LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.
Further Reading
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