Patriot National Bancorp (PNBK) Declares $0.01 Quarterly Dividend

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Patriot National Bancorp (NASDAQ:PNBK) announced a quarterly dividend on Thursday, November 15th, NASDAQ reports. Investors of record on Monday, November 26th will be given a dividend of 0.01 per share by the bank on Tuesday, December 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.20%. The ex-dividend date of this dividend is Friday, November 23rd.

NASDAQ:PNBK opened at $20.10 on Friday. Patriot National Bancorp has a one year low of $17.80 and a one year high of $25.50. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.87. The company has a market capitalization of $80.82 million, a P/E ratio of 18.99 and a beta of 0.08.

Patriot National Bancorp (NASDAQ:PNBK) last posted its quarterly earnings results on Thursday, November 15th. The bank reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. Patriot National Bancorp had a return on equity of 6.42% and a net margin of 9.59%. The firm had revenue of $7.14 million during the quarter.

Separately, Brean Capital reaffirmed a “buy” rating on shares of Patriot National Bancorp in a report on Sunday, September 30th.

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Patriot National Bancorp Company Profile

Patriot National Bancorp, Inc operates as the bank holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company offers consumer and commercial deposit accounts, such as checking accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, savings accounts, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.

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Dividend History for Patriot National Bancorp (NASDAQ:PNBK)

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