Prudential Bancorp Inc (NASDAQ:PBIP) declared a quarterly dividend on Wednesday, November 20th, Zacks reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.07 per share by the savings and loans company on Friday, December 20th. This represents a $0.28 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, December 5th. This is an increase from Prudential Bancorp’s previous quarterly dividend of $0.05.

PBIP opened at $17.98 on Tuesday. Prudential Bancorp has a 1-year low of $13.92 and a 1-year high of $19.57. The stock’s fifty day simple moving average is $17.58 and its 200 day simple moving average is $17.36. The stock has a market cap of $160.00 million, a PE ratio of 16.98 and a beta of 0.05.

About Prudential Bancorp

Prudential Bancorp, Inc operates as the bank holding company for Prudential Bank that provides various banking products or services. The company accepts interest-bearing and non-interest-bearing checking, money market, savings, and certificates of deposit accounts. Its loan portfolio comprises single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, and commercial business loans, as well as consumer loans, such as loans secured by deposit accounts and unsecured personal loans.

Featured Article: Analyzing a company’s cash flow statement

Dividend History for Prudential Bancorp (NASDAQ:PBIP)

Receive News & Ratings for Prudential Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Bancorp and related companies with's FREE daily email newsletter.