AmeriServ Financial Inc. (NASDAQ:ASRV – Get Free Report) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Monday, August 3rd will be given a dividend of 0.03 per share by the financial services provider on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, August 3rd.
AmeriServ Financial has raised its dividend by an average of 0.0%per year over the last three years.
AmeriServ Financial Stock Performance
Shares of ASRV opened at $4.57 on Friday. The firm has a market cap of $77.51 million, a P/E ratio of 8.96 and a beta of 0.44. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.85 and a current ratio of 0.85. The business has a 50-day moving average of $3.91 and a 200 day moving average of $3.75. AmeriServ Financial has a fifty-two week low of $2.64 and a fifty-two week high of $4.59.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of AmeriServ Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, AmeriServ Financial presently has an average rating of “Buy”.
Get Our Latest Analysis on ASRV
AmeriServ Financial Company Profile
AmeriServ Financial, Inc is a holding company, which engages in the provision of consumer, mortgage and commercial financial products and services through its subsidiary. It operates through the following segments: Community Banking, Wealth Management, and Investment or Parent. The Community Banking segment includes both retail and commercial banking activities. The Wealth Management segment involves in the operations of a Trust Company, West Chester Capital Advisors an investment advisory firm, and Financial Services.
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