Chesapeake Financial Shares Inc. (CPKF) to Issue Dividend of $0.17 on December 15th

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) announced a dividend on Wednesday, November 26th, investing.com reports. Shareholders of record on Tuesday, December 2nd will be given a dividend of 0.17 per share by the bank on Monday, December 15th. This represents a yield of 278.0%. The ex-dividend date is Monday, December 1st. This is a 6.3% increase from Chesapeake Financial Shares’s previous dividend of $0.16.

Chesapeake Financial Shares Stock Performance

OTCMKTS CPKF opened at $24.50 on Friday. The firm has a market capitalization of $114.95 million, a PE ratio of 17.50 and a beta of 0.27. The business’s 50-day moving average price is $23.10 and its two-hundred day moving average price is $21.87. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 0.38. Chesapeake Financial Shares has a 12 month low of $18.10 and a 12 month high of $24.59.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its quarterly earnings data on Wednesday, October 22nd. The bank reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.39. The company had revenue of $21.64 million for the quarter, compared to analyst estimates of $19.40 million. Chesapeake Financial Shares had a return on equity of 11.80% and a net margin of 6.72%. On average, analysts expect that Chesapeake Financial Shares will post 2.45 EPS for the current year.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.