Princeton Bancorp, Inc. (BPRN) To Go Ex-Dividend on February 4th

Princeton Bancorp, Inc. (NASDAQ:BPRN) announced a quarterly dividend on Wednesday, January 21st. Stockholders of record on Wednesday, February 4th will be given a dividend of 0.35 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Wednesday, February 4th.

Princeton Bancorp has a dividend payout ratio of 39.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Princeton Bancorp to earn $3.73 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 37.5%.

Princeton Bancorp Stock Up 0.4%

BPRN opened at $37.09 on Friday. Princeton Bancorp has a twelve month low of $27.25 and a twelve month high of $37.50. The company has a fifty day moving average of $34.83 and a 200-day moving average of $32.98. The stock has a market cap of $250.73 million, a PE ratio of 14.43 and a beta of 0.53.

Princeton Bancorp (NASDAQ:BPRN) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $21.53 million for the quarter, compared to the consensus estimate of $20.33 million. Sell-side analysts anticipate that Princeton Bancorp will post 3.35 EPS for the current fiscal year.

Princeton Bancorp Company Profile

Princeton Bancorp, Inc is the bank holding company for Princeton Bank, a community-focused financial institution based in Princeton, New Jersey. Through its wholly owned subsidiary, the company offers a full suite of personal and business banking services designed to meet the needs of individuals, families and local enterprises in central and southern New Jersey.

The company’s core offerings include checking and savings accounts, consumer and commercial lending, mortgage origination and refinancing, as well as treasury management solutions for small-to-medium-sized businesses.