StockNews.com began coverage on shares of Codorus Valley Bancorp (NASDAQ:CVLY – Free Report) in a research note issued to investors on Tuesday. The brokerage issued a hold rating on the financial services provider’s stock.
Codorus Valley Bancorp Stock Up 0.1 %
CVLY opened at $22.49 on Tuesday. The company has a 50-day moving average price of $22.27 and a 200 day moving average price of $22.49. Codorus Valley Bancorp has a twelve month low of $16.00 and a twelve month high of $25.88. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.21. The company has a market cap of $217.30 million, a PE ratio of 9.74 and a beta of 0.56.
Codorus Valley Bancorp Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, May 7th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date is Monday, May 6th. Codorus Valley Bancorp’s dividend payout ratio (DPR) is 29.44%.
Institutional Inflows and Outflows
Codorus Valley Bancorp Company Profile
Codorus Valley Bancorp, Inc operates as the bank holding company for the PeoplesBank that provides community banking services in South Central Pennsylvania and Central Maryland. The company accepts demand, money market, time, and savings deposits, as well as certificates of deposit and checking account.
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