Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) Announces Quarterly Dividend of $0.16

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) announced a quarterly dividend on Friday, January 17th, NASDAQ Dividends reports. Investors of record on Saturday, March 1st will be paid a dividend of 0.16 per share by the bank on Saturday, March 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date of this dividend is Friday, February 28th.

Chesapeake Financial Shares Stock Performance

CPKF traded down $0.02 during trading on Wednesday, hitting $18.81. 2,493 shares of the stock were exchanged, compared to its average volume of 1,965. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22. Chesapeake Financial Shares has a 1-year low of $16.45 and a 1-year high of $19.50. The stock has a fifty day moving average price of $18.73 and a two-hundred day moving average price of $18.78. The firm has a market capitalization of $89.07 million, a P/E ratio of 7.77 and a beta of 0.50.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its earnings results on Tuesday, January 21st. The bank reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.10. Chesapeake Financial Shares had a net margin of 11.50% and a return on equity of 10.69%. As a group, sell-side analysts predict that Chesapeake Financial Shares will post 2.45 earnings per share 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.