TC Bancshares, Inc. (NASDAQ:TCBC) Declares Dividend of $0.05

TC Bancshares, Inc. (NASDAQ:TCBC – Get Rating) announced a dividend on Friday, June 17th, Fidelity reports. Stockholders of record on Monday, June 27th will be given a dividend of 0.05 per share on Friday, July 15th. The ex-dividend date of this dividend is Friday, June 24th.

Shares of NASDAQ:TCBC traded down $0.03 during trading on Friday, reaching $13.42. 9,404 shares of the company’s stock traded hands, compared to its average volume of 6,635. TC Bancshares has a fifty-two week low of $11.80 and a fifty-two week high of $14.36. The company has a 50-day simple moving average of $13.29 and a 200-day simple moving average of $13.52.

TC Bancshares (NASDAQ:TCBC – Get Rating) last posted its earnings results on Thursday, May 12th. The company reported $0.14 EPS for the quarter. TC Bancshares had a return on equity of 3.44% and a net margin of 15.85%. The firm had revenue of $3.75 million for the quarter.

A hedge fund recently bought a new stake in TC Bancshares stock. Millennium Management LLC acquired a new position in TC Bancshares, Inc. (NASDAQ:TCBC – Get Rating) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 22,564 shares of the company’s stock, valued at approximately $315,000. Millennium Management LLC owned about 0.56% of TC Bancshares at the end of the most recent quarter. 14.42% of the stock is owned by institutional investors and hedge funds.

TC Bancshares Company Profile (Get Rating)

TC Bancshares, Inc operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit.

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