VersaBank (TSE:VBNK – Get Free Report) shares traded up 0.3% during trading on Monday . The company traded as high as C$17.42 and last traded at C$17.07. 6,341 shares changed hands during trading, a decline of 76% from the average session volume of 26,792 shares. The stock had previously closed at C$17.02.
VersaBank Stock Up 0.3%
The firm’s fifty day moving average is C$16.77 and its two-hundred day moving average is C$16.09. The firm has a market cap of C$549.11 million, a P/E ratio of 18.16 and a beta of 1.14.
VersaBank Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 31st were issued a $0.025 dividend. The ex-dividend date was Friday, October 10th. This represents a $0.10 annualized dividend and a yield of 0.6%. VersaBank’s dividend payout ratio (DPR) is currently 10.64%.
VersaBank Company Profile
VersaBank, a Canadian Schedule I chartered bank, became the world’s first fully digital financial institution when it adopted its highly efficient business-to-business model using proprietary state-of-the art financial technology to profitably address underserved markets in pursuit of superior net interest margins while mitigating risk.
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