LINKBANCORP, Inc. (NASDAQ:LNKB – Get Free Report) announced a quarterly dividend on Friday, November 10th, Wall Street Journal reports. Investors of record on Monday, November 20th will be given a dividend of 0.075 per share on Monday, November 27th. This represents a $0.30 annualized dividend and a yield of 5.06%. The ex-dividend date is Friday, November 17th.
LINKBANCORP has a payout ratio of 42.9% meaning its dividend is sufficiently covered by earnings. Analysts expect LINKBANCORP to earn $0.68 per share next year, which means the company should continue to be able to cover its $0.30 annual dividend with an expected future payout ratio of 44.1%.
LINKBANCORP Stock Performance
NASDAQ LNKB opened at $5.93 on Wednesday. The stock has a market capitalization of $96.30 million, a price-to-earnings ratio of 53.91 and a beta of 0.45. The stock has a 50-day moving average of $6.54 and a 200 day moving average of $6.20. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.81. LINKBANCORP has a twelve month low of $4.80 and a twelve month high of $10.50.
Hedge Funds Weigh In On LINKBANCORP
Wall Street Analyst Weigh In
Separately, Stephens upped their price objective on shares of LINKBANCORP from $6.50 to $7.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 8th.
LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.
- Five stocks we like better than LINKBANCORP
- How to Effectively Use the MarketBeat Ratings Screener
- Datadog is about to hit 52-week highs, and there’s more to come
- What is a SEC Filing?
- Left for dead, Tower Semiconductor is a phoenix rising
- Canadian Penny Stocks: Can They Make You Rich?
- 3 specialty apparel makers ready to spring higher
Receive News & Ratings for LINKBANCORP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LINKBANCORP and related companies with MarketBeat.com's FREE daily email newsletter.