Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) Plans $0.16 Quarterly Dividend

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) declared a quarterly dividend on Friday, July 19th, NASDAQ reports. Shareholders of record on Sunday, September 1st will be paid a dividend of 0.155 per share by the bank on Sunday, September 15th. This represents a $0.62 annualized dividend and a yield of 3.43%. The ex-dividend date is Friday, August 30th.

Chesapeake Financial Shares Price Performance

Shares of OTCMKTS:CPKF opened at $18.08 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.64 and a quick ratio of 0.64. Chesapeake Financial Shares has a 1-year low of $16.25 and a 1-year high of $20.25. The company has a market capitalization of $85.19 million, a P/E ratio of 9.27 and a beta of 0.50. The firm’s 50 day simple moving average is $17.78 and its two-hundred day simple moving average is $17.70.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its earnings results on Tuesday, July 30th. The bank reported $0.65 EPS for the quarter, topping the consensus estimate of $0.49 by $0.16. The firm had revenue of $24.94 million for the quarter, compared to the consensus estimate of $16.30 million. Chesapeake Financial Shares had a net margin of 10.11% and a return on equity of 9.60%. Research analysts expect that Chesapeake Financial Shares will post 2.19 EPS for the current fiscal year.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.