Citizens Community Bancorp Inc. (NASDAQ:CZWI) Raises Dividend to $0.20 Per Share

Citizens Community Bancorp Inc. (NASDAQ:CZWI) declared an annual dividend on Monday, January 29th, Wall Street Journal reports. Shareholders of record on Friday, February 9th will be paid a dividend of 0.20 per share by the bank on Thursday, March 8th. This represents a yield of 1.49%. The ex-dividend date of this dividend is Thursday, February 8th. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.16.

Citizens Community Bancorp (CZWI) remained flat at $$13.70 during trading on Wednesday. 41,400 shares of the company traded hands, compared to its average volume of 14,979. The company has a market cap of $80.61, a price-to-earnings ratio of 16.31 and a beta of 0.16. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.22. Citizens Community Bancorp has a 12-month low of $12.54 and a 12-month high of $14.43.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Thursday, February 1st. The bank reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. The business had revenue of $9.47 million during the quarter. Citizens Community Bancorp had a net margin of 8.06% and a return on equity of 6.87%.

A number of equities analysts have issued reports on the company. TheStreet cut Citizens Community Bancorp from a “b-” rating to a “c” rating in a report on Tuesday, November 7th. Sandler O’Neill started coverage on Citizens Community Bancorp in a report on Tuesday, November 28th. They issued a “buy” rating and a $15.50 target price on the stock.

In related news, CFO James S. Broucek acquired 3,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were acquired at an average cost of $13.83 per share, for a total transaction of $41,490.00. Following the purchase, the chief financial officer now owns 4,000 shares in the company, valued at $55,320. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last 90 days, insiders have acquired 9,007 shares of company stock worth $123,482. Company insiders own 7.95% of the company’s stock.

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About Citizens Community Bancorp

Citizens Community Bancorp, Inc is a bank holding company of Citizens Community Federal N.A. (the Bank). The Company is engaged in consumer, commercial and agricultural banking activities through the Bank. Through all of its branch locations in Wisconsin, Minnesota and Michigan, the Bank provides a range of commercial and consumer banking products and services to customers, including online and mobile banking options.

Dividend History for Citizens Community Bancorp (NASDAQ:CZWI)

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