CNB Financial (NASDAQ:CCNEP) Shares Down 0.5% – Here’s Why

Shares of CNB Financial Co. (NASDAQ:CCNEP) were down 0.5% during mid-day trading on Monday . The stock traded as low as $24.95 and last traded at $25.0760. Approximately 657 shares traded hands during trading, a decline of 59% from the average daily volume of 1,601 shares. The stock had previously closed at $25.19.

CNB Financial Stock Performance

The company has a 50 day moving average of $25.06 and a 200-day moving average of $24.95.

CNB Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Sunday, February 15th were given a $0.4453 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date was Friday, February 13th.

CNB Financial Company Profile

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania, and operates through its subsidiary, CNB Bank. The company provides a full range of financial services to individual and commercial customers, including deposit accounts, consumer and commercial lending, mortgage banking, and treasury management solutions. Through its branch network and digital banking platforms, CNB Financial seeks to deliver personalized service and local decision-making across its footprint.

Founded in 1874, CNB Financial has built a regional presence in central and western Pennsylvania, maintaining branches in communities such as Clearfield, Centre, Cambria, Jefferson and Indiana counties.