CBM Bancorp, Inc. (NASDAQ:CBMB) to Issue Annual Dividend of $0.50

CBM Bancorp, Inc. (NASDAQ:CBMB) declared an annual dividend on Friday, September 17th, Fidelity reports. Investors of record on Tuesday, September 28th will be given a dividend of 0.50 per share on Friday, October 8th. The ex-dividend date of this dividend is Monday, September 27th.

CBMB stock opened at $16.29 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.11 and a current ratio of 1.13. The company has a 50 day moving average price of $15.04 and a 200 day moving average price of $14.77. CBM Bancorp has a fifty-two week low of $12.25 and a fifty-two week high of $16.50.

Separately, TheStreet lowered shares of CBM Bancorp from a “b” rating to a “c+” rating in a report on Wednesday, June 2nd.

An institutional investor recently raised its position in CBM Bancorp stock. Morgan Stanley grew its position in CBM Bancorp, Inc. (NASDAQ:CBMB) by 68.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 24,530 shares of the company’s stock after buying an additional 9,980 shares during the period. Morgan Stanley owned approximately 0.70% of CBM Bancorp worth $384,000 at the end of the most recent quarter. 15.84% of the stock is owned by institutional investors.

CBM Bancorp Company Profile

CBM Bancorp, Inc is a bank holding company, which engages in the provision of financial services. Its loan portfolio includes one-to four-family real estate loans, home equity loans and lines of credit, construction and land development, nonresident real estate loans, commercial loans, and consumer loans.

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