ACNB Co. Announces Quarterly Dividend of $0.20 (NASDAQ:ACNB)

ACNB Co. (NASDAQ:ACNB) announced a quarterly dividend on Wednesday, January 31st, Wall Street Journal reports. Shareholders of record on Thursday, March 1st will be paid a dividend of 0.20 per share by the bank on Thursday, March 15th. This represents a $0.80 annualized dividend and a yield of 2.75%. The ex-dividend date is Wednesday, February 28th.

Shares of ACNB (ACNB) opened at $29.10 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market cap of $204.74, a PE ratio of 14.80 and a beta of 0.33. ACNB has a 12 month low of $24.45 and a 12 month high of $32.50.

A hedge fund recently raised its stake in ACNB stock. State Street Corp boosted its position in ACNB Co. (NASDAQ:ACNB) by 9.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 82,069 shares of the bank’s stock after purchasing an additional 6,745 shares during the period. State Street Corp owned approximately 1.17% of ACNB worth $2,504,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 20.58% of the stock is currently owned by institutional investors and hedge funds.

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About ACNB

ACNB Corporation is a financial holding company. The Company’s banking operations are conducted through its operating subsidiary, ACNB Bank (the Bank), and offers a range of property and casualty, life and health insurance to both commercial and individual clients through its subsidiary, Russell Insurance Group, Inc (RIG).

Dividend History for ACNB (NASDAQ:ACNB)

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