BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) Announces Quarterly Dividend of $0.08

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) declared a quarterly dividend on Wednesday, January 28th. Stockholders of record on Wednesday, February 11th will be given a dividend of 0.08 per share by the bank on Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Wednesday, February 11th.

BCB Bancorp, Inc. (NJ) has raised its dividend by an average of 0.0%per year over the last three years. BCB Bancorp, Inc. (NJ) has a dividend payout ratio of 23.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect BCB Bancorp, Inc. (NJ) to earn $1.56 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 20.5%.

BCB Bancorp, Inc. (NJ) Trading Up 1.0%

NASDAQ BCBP opened at $8.28 on Monday. The stock has a market capitalization of $142.66 million, a P/E ratio of -9.86 and a beta of 0.77. The business has a 50 day simple moving average of $8.09 and a 200 day simple moving average of $8.25. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.14 and a quick ratio of 1.14. BCB Bancorp, Inc. has a one year low of $7.31 and a one year high of $10.83.

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last issued its quarterly earnings results on Friday, January 30th. The bank reported ($0.73) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.87). The business had revenue of $26.17 million during the quarter, compared to analyst estimates of $25.22 million. BCB Bancorp, Inc. (NJ) had a negative net margin of 6.90% and a negative return on equity of 4.30%. Research analysts expect that BCB Bancorp, Inc. will post 1.24 earnings per share for the current year.

BCB Bancorp, Inc. (NJ) Company Profile

BCB Bancorp, Inc is a bank holding company incorporated in New Jersey and traded on the NASDAQ under the symbol BCBP. Its primary subsidiary, Bergen Commercial Bank, operates as a full-service community bank focused on serving the financial needs of individuals and businesses in the New York metropolitan area. Headquartered in Clifton, New Jersey, the company has built its reputation on personalized banking relationships and local decision-making.

BCB Bancorp offers a comprehensive suite of deposit products, including checking accounts, savings accounts, money market accounts, and certificates of deposit.