Quarterly Dividend of $0.25 Announced by New York Community Bancorp (NYCB)
New York Community Bancorp (NASDAQ:NYCB) declared a quarterly dividend on Thursday, January 31st. Shareholders of record on Monday, February 11th will be given a dividend of $0.25 per share on Friday, February 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 7.66%. The ex-dividend date of this dividend is Thursday, February 7th.
On the ratings front, analysts at Evercore Partners downgraded shares of New York Community Bancorp from an “overweight” rating to an “equal weight” rating in a research note to investors on Wednesday, December 19th.
Four investment analysts have rated the stock with a buy rating, eighteen have given a hold rating, one has assigned an underweight rating, and two have given a sell rating to the company’s stock. The stock currently has a consensus rating of “hold” and a consensus target price of $13.50.
New York Community Bancorp (NYCB) traded up 2.22% on Thursday, hitting $13.35. New York Community Bancorp (NYCB) has a 1-year low of $11.47 and a 1-year high of $15.05. The stock’s 50-day moving average is currently $13.21. The company has a market cap of $5.862 billion and a price-to-earnings ratio of 11.62.
New York Community Bancorp last announced its earnings results on Wednesday, January 30th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.30. During the same quarter in the previous year, the company posted $0.27 earnings per share. Analysts expect that New York Community Bancorp (NYCB) will post $1.02 EPS for the current fiscal year.
New York Community Bancorp, Inc. is a bank holding company and a producer of multi-family mortgage loans in New York City, with an emphasis on apartment buildings that feature below-market rents.
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