Salisbury Bancorp, Inc. Declares Quarterly Dividend of $0.28 (NASDAQ:SAL)

Salisbury Bancorp, Inc. (NASDAQ:SAL) declared a quarterly dividend on Monday, October 30th, Wall Street Journal reports. Stockholders of record on Friday, November 10th will be given a dividend of 0.28 per share by the bank on Friday, November 24th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, November 9th.

Salisbury Bancorp (NASDAQ SAL) opened at $46.00 on Wednesday. The firm has a market capitalization of $130.34, a P/E ratio of 19.49 and a beta of 0.76. Salisbury Bancorp has a fifty-two week low of $32.45 and a fifty-two week high of $50.00. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59.

Several analysts have issued reports on the company. FIG Partners restated an “outperform” rating and issued a $51.00 target price (up from $48.50) on shares of Salisbury Bancorp in a research note on Thursday, September 14th. Zacks Investment Research upgraded Salisbury Bancorp from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a research report on Thursday, September 14th.

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Salisbury Bancorp Company Profile

Salisbury Bancorp, Inc is a bank holding company for Salisbury Bank and Trust Company (the Bank). The Bank is a Connecticut-chartered and Federal Deposit Insurance Corporation (the FDIC) insured commercial bank. The Bank provides commercial banking, consumer financing, retail banking and trust and wealth advisory services through a network of over 10 banking offices and approximately nine automated teller machines (ATMs).

Dividend History for Salisbury Bancorp (NASDAQ:SAL)

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