BCB Bancorp, Inc. (NJ) (BCBP) To Go Ex-Dividend on May 6th

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) declared a quarterly dividend on Monday, April 20th. Shareholders of record on Wednesday, May 6th will be given a dividend of 0.08 per share by the bank on Wednesday, May 20th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Wednesday, May 6th.

BCB Bancorp, Inc. (NJ) has increased its dividend by an average of 0.0%per year over the last three years. BCB Bancorp, Inc. (NJ) has a dividend payout ratio of 23.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect BCB Bancorp, Inc. (NJ) to earn $1.25 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 25.6%.

BCB Bancorp, Inc. (NJ) Price Performance

NASDAQ BCBP opened at $10.23 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.00. The company has a fifty day moving average of $8.89 and a two-hundred day moving average of $8.34. The firm has a market capitalization of $177.59 million, a price-to-earnings ratio of -146.12 and a beta of 0.71. BCB Bancorp, Inc. has a 52 week low of $7.31 and a 52 week high of $10.46.

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last posted its quarterly earnings data on Wednesday, April 22nd. The bank reported $0.26 EPS for the quarter, topping the consensus estimate of $0.25 by $0.01. BCB Bancorp, Inc. (NJ) had a net margin of 0.39% and a return on equity of 0.24%. The company had revenue of $24.94 million during the quarter, compared to analyst estimates of $25.78 million. On average, analysts predict that BCB Bancorp, Inc. will post 1.1 earnings per share for the current year.

Insiders Place Their Bets

In other BCB Bancorp, Inc. (NJ) news, Director Mark D. Hogan acquired 5,000 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was bought at an average cost of $7.97 per share, with a total value of $39,850.00. Following the completion of the purchase, the director directly owned 103,352 shares in the company, valued at $823,715.44. The trade was a 5.08% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.50% of the stock is currently owned by company insiders.

Institutional Trading of BCB Bancorp, Inc. (NJ)

Hedge funds have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. lifted its holdings in BCB Bancorp, Inc. (NJ) by 174.3% during the third quarter. Russell Investments Group Ltd. now owns 4,200 shares of the bank’s stock worth $36,000 after buying an additional 2,669 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in BCB Bancorp, Inc. (NJ) by 76.8% during the third quarter. Public Employees Retirement System of Ohio now owns 5,415 shares of the bank’s stock worth $47,000 after buying an additional 2,352 shares during the period. BNP Paribas Financial Markets lifted its holdings in BCB Bancorp, Inc. (NJ) by 31.8% during the third quarter. BNP Paribas Financial Markets now owns 6,205 shares of the bank’s stock worth $54,000 after buying an additional 1,497 shares during the period. Mariner LLC purchased a new stake in BCB Bancorp, Inc. (NJ) during the fourth quarter worth $82,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in BCB Bancorp, Inc. (NJ) during the third quarter worth $89,000. 36.00% of the stock is owned by hedge funds and other institutional investors.

About BCB Bancorp, Inc. (NJ)

BCB Bancorp, Inc is a bank holding company incorporated in New Jersey and traded on the NASDAQ under the symbol BCBP. Its primary subsidiary, Bergen Commercial Bank, operates as a full-service community bank focused on serving the financial needs of individuals and businesses in the New York metropolitan area. Headquartered in Clifton, New Jersey, the company has built its reputation on personalized banking relationships and local decision-making.

BCB Bancorp offers a comprehensive suite of deposit products, including checking accounts, savings accounts, money market accounts, and certificates of deposit.