AmeriServ Financial Inc. (ASRV) To Go Ex-Dividend on August 3rd

AmeriServ Financial Inc. (NASDAQ:ASRV) announced a quarterly dividend on Tuesday, July 21st. Investors of record on Monday, August 3rd will be given a dividend of 0.03 per share by the financial services provider on Monday, August 17th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 3rd.

AmeriServ Financial has increased its dividend by an average of 0.0%annually over the last three years.

AmeriServ Financial Stock Performance

AmeriServ Financial stock opened at $4.14 on Thursday. The stock’s 50 day moving average is $3.84 and its 200 day moving average is $3.70. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $70.21 million, a P/E ratio of 8.12 and a beta of 0.44. AmeriServ Financial has a twelve month low of $2.64 and a twelve month high of $4.14.

AmeriServ Financial (NASDAQ:ASRV) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.16 earnings per share for the quarter. The company had revenue of $15.90 million during the quarter. AmeriServ Financial had a net margin of 9.51% and a return on equity of 7.21%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of AmeriServ Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, AmeriServ Financial currently has an average rating of “Buy”.

About AmeriServ Financial

AmeriServ Financial, Inc is a holding company, which engages in the provision of consumer, mortgage and commercial financial products and services through its subsidiary. It operates through the following segments: Community Banking, Wealth Management, and Investment or Parent. The Community Banking segment includes both retail and commercial banking activities. The Wealth Management segment involves in the operations of a Trust Company, West Chester Capital Advisors an investment advisory firm, and Financial Services.