Community Bancorp Inc (NASDAQ:CMTV) Declares Dividend Increase – $0.26 Per Share

Community Bancorp Inc (NASDAQ:CMTV) declared a quarterly dividend on Thursday, September 17th. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.26 per share on Sunday, November 1st. This represents a $1.04 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 4.0% increase from Community Bancorp’s previous quarterly dividend of $0.25.

Community Bancorp Stock Down 1.3%

NASDAQ:CMTV opened at $42.64 on Tuesday. The company has a market capitalization of $238.78 million, a price-to-earnings ratio of 12.96 and a beta of 0.38. Community Bancorp has a one year low of $22.40 and a one year high of $43.95. The stock has a 50-day simple moving average of $41.02 and a 200 day simple moving average of $39.29. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.95 and a current ratio of 0.95.

Community Bancorp (NASDAQ:CMTV) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.84 earnings per share for the quarter. Community Bancorp had a return on equity of 15.97% and a net margin of 25.65%. The firm had revenue of $13.56 million during the quarter.

About Community Bancorp

Community Bancorp is a bank holding company headquartered in Newport, Vermont. Through its principal subsidiary, Community National Bank, the company provides banking services to individuals, families, businesses and municipalities.

Community National Bank offers deposit accounts, consumer and residential loans, commercial lending, agricultural financing, mortgage products and other related banking services. Its offerings are supported through branch locations and digital banking services, including online and mobile access.

The company primarily serves communities in northern Vermont and nearby areas of New Hampshire.