Texas Community Bancshares, Inc. (NASDAQ:TCBS) Plans $0.04 Quarterly Dividend

Texas Community Bancshares, Inc. (NASDAQ:TCBSGet Free Report) declared a quarterly dividend on Wednesday, February 26th, RTT News reports. Investors of record on Monday, March 10th will be given a dividend of 0.04 per share on Monday, March 24th. This represents a $0.16 annualized dividend and a dividend yield of 0.98%. The ex-dividend date of this dividend is Monday, March 10th.

Texas Community Bancshares Stock Down 1.2 %

TCBS stock opened at $16.25 on Friday. Texas Community Bancshares has a one year low of $13.11 and a one year high of $16.50. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.95 and a current ratio of 0.95. The firm’s fifty day moving average is $15.56 and its 200 day moving average is $14.99. The firm has a market cap of $50.64 million, a PE ratio of -22.89 and a beta of 0.01.

Insider Transactions at Texas Community Bancshares

In other Texas Community Bancshares news, Director Anthony Scavuzzo purchased 2,807 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average price of $15.00 per share, for a total transaction of $42,105.00. Following the purchase, the director now directly owns 86,065 shares in the company, valued at approximately $1,290,975. This trade represents a 3.37 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 19.10% of the company’s stock.

Texas Community Bancshares Company Profile

(Get Free Report)

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.

Further Reading

Dividend History for Texas Community Bancshares (NASDAQ:TCBS)

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