ESSA Bancorp, Inc. (ESSA) Declares Quarterly Dividend of $0.09
ESSA Bancorp, Inc. (NASDAQ:ESSA) announced a quarterly dividend on Thursday, March 1st, Wall Street Journal reports. Shareholders of record on Friday, March 16th will be paid a dividend of 0.09 per share by the financial services provider on Friday, March 30th. This represents a $0.36 annualized dividend and a yield of 2.50%. The ex-dividend date is Thursday, March 15th.
Shares of ESSA Bancorp (NASDAQ:ESSA) opened at $14.40 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.86. The stock has a market cap of $172.64, a P/E ratio of 21.18 and a beta of 0.35. ESSA Bancorp has a 1 year low of $14.01 and a 1 year high of $16.80.
In other ESSA Bancorp news, VP Thomas J. Grayuski sold 8,383 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $16.35, for a total transaction of $137,062.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary S. Olson sold 3,340 shares of the firm’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $14.78, for a total transaction of $49,365.20. The disclosure for this sale can be found here. Insiders have sold 30,402 shares of company stock valued at $457,748 over the last 90 days. Company insiders own 8.83% of the company’s stock.
Separately, TheStreet downgraded shares of ESSA Bancorp from a “b” rating to a “c+” rating in a research report on Friday, January 26th.
ESSA Bancorp Company Profile
ESSA Bancorp, Inc is a holding company for ESSA Bank & Trust (the Bank). The Bank is a community-oriented savings bank. The Bank provides financial services to individuals, families and businesses through its banking offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania.
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