Commercial Bancgroup, Inc. (NASDAQ:CBK) Announces Quarterly Dividend of $0.12

Commercial Bancgroup, Inc. (NASDAQ:CBK) declared a quarterly dividend on Monday, July 27th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.12 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 20.0% increase from Commercial Bancgroup’s previous quarterly dividend of $0.10.

Commercial Bancgroup Trading Up 1.3%

Shares of NASDAQ CBK opened at $33.55 on Tuesday. Commercial Bancgroup has a 1 year low of $23.24 and a 1 year high of $34.46. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50-day moving average of $31.42 and a 200 day moving average of $28.30. The stock has a market cap of $459.63 million and a P/E ratio of 15.11.

Commercial Bancgroup (NASDAQ:CBK) last announced its quarterly earnings data on Monday, July 27th. The company reported $0.75 earnings per share for the quarter.

About Commercial Bancgroup

We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976. The Bank is a full-service community banking institution that offers traditional consumer and commercial products and services to serve businesses and individuals in select markets in Kentucky, North Carolina, and Tennessee.