ESSA Bancorp, Inc. (NASDAQ:ESSA) Announces Quarterly Dividend of $0.15

ESSA Bancorp, Inc. (NASDAQ:ESSA) declared a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.15 per share by the financial services provider on Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend is Monday, March 17th.

ESSA Bancorp has raised its dividend payment by an average of 7.7% per year over the last three years.

ESSA Bancorp Trading Up 0.5 %

ESSA Bancorp stock opened at $20.99 on Friday. ESSA Bancorp has a 12-month low of $15.29 and a 12-month high of $22.22. The firm has a market capitalization of $213.15 million, a price-to-earnings ratio of 12.06 and a beta of 0.40. The firm has a 50 day moving average of $20.43 and a 200 day moving average of $19.59. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.04.

ESSA Bancorp (NASDAQ:ESSA) last announced its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter. ESSA Bancorp had a net margin of 14.83% and a return on equity of 7.27%.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on ESSA Bancorp in a report on Saturday, February 22nd. They set a “hold” rating on the stock.

About ESSA Bancorp

ESSA Bancorp, Inc operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts.