Citizens (NASDAQ:CIZN) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Citizens (NASDAQ:CIZN) in a research note released on Monday. The firm issued a sell rating on the bank’s stock.

Citizens Price Performance

Shares of CIZN stock opened at $9.50 on Monday. The company has a market cap of $53.55 million, a price-to-earnings ratio of 9.69 and a beta of -0.06. The stock has a 50 day simple moving average of $9.90 and a 200-day simple moving average of $9.31. Citizens has a 1-year low of $7.65 and a 1-year high of $11.00.

Citizens Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.64 annualized dividend and a yield of 6.74%. Citizens’s dividend payout ratio (DPR) is currently 65.31%.

Citizens Company Profile

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.