AmeriServ Financial Inc. Declares Quarterly Dividend of $0.03 (NASDAQ:ASRV)

AmeriServ Financial Inc. (NASDAQ:ASRV) announced a quarterly dividend on Thursday, April 16th. Stockholders of record on Monday, May 4th will be given a dividend of 0.03 per share by the financial services provider on Monday, May 18th. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, May 4th.

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

AmeriServ Financial Price Performance

Shares of ASRV stock traded down $0.04 during trading hours on Friday, hitting $3.93. The company had a trading volume of 4,428 shares, compared to its average volume of 12,322. The firm has a market capitalization of $66.57 million, a price-to-earnings ratio of 11.89 and a beta of 0.47. The firm’s fifty day moving average is $3.77 and its 200 day moving average is $3.41. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.87 and a current ratio of 0.87. AmeriServ Financial has a 12 month low of $2.35 and a 12 month high of $4.04.

AmeriServ Financial (NASDAQ:ASRV) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. AmeriServ Financial had a net margin of 6.20% and a return on equity of 4.78%. The business had revenue of $14.80 million during the quarter.

AmeriServ Financial Company Profile

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.