Quarterly Dividend of $0.09 Announced by Summit State Bank (SSBI)
Summit State Bank (NASDAQ:SSBI) declared a quarterly dividend on Monday, January 28th. Investors of record on Friday, February 15th will be given a dividend of $0.09 per share on Saturday, February 23rd. This represents a $0.36 dividend on an annualized basis and a yield of 4.74%.
On the ratings front, analysts at Hilliard Lyons upgraded shares of Summit State Bank from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, November 6th.
Summit State Bank (SSBI) traded down 2.90% on Monday, hitting $7.70. Summit State Bank (SSBI) has a 1-year low of $5.26 and a 1-year high of $7.99. The stock’s 50-day moving average is currently $7.14. The company has a market cap of $36.5 million and a price-to-earnings ratio of 15.92.
Summit State Bank (the Bank) is a state-chartered commercial bank operating a traditional community banking business within our primary service area of Sonoma County in California.
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