CNB Financial (NASDAQ:CCNEP) Shares Up 0% – Still a Buy?

CNB Financial Co. (NASDAQ:CCNEP)’s share price rose 0% on Thursday . The stock traded as high as $25.00 and last traded at $25.0010. Approximately 214 shares traded hands during trading, a decline of 82% from the average daily volume of 1,211 shares. The stock had previously closed at $25.00.

CNB Financial Price Performance

The company’s 50 day simple moving average is $24.77 and its 200 day simple moving average is $24.88.

CNB Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Saturday, November 15th were given a dividend of $0.4453 per share. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change from CNB Financial’s previous quarterly dividend of $0.45. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.1%.

About CNB Financial

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania, and operates through its subsidiary, CNB Bank. The company provides a full range of financial services to individual and commercial customers, including deposit accounts, consumer and commercial lending, mortgage banking, and treasury management solutions. Through its branch network and digital banking platforms, CNB Financial seeks to deliver personalized service and local decision-making across its footprint.

Founded in 1874, CNB Financial has built a regional presence in central and western Pennsylvania, maintaining branches in communities such as Clearfield, Centre, Cambria, Jefferson and Indiana counties.