Citizens Financial (OTCMKTS:CIWV) Trading Up 1.8% – Still a Buy?

Shares of Citizens Financial Corp. (OTCMKTS:CIWV) were up 1.8% during mid-day trading on Thursday . The company traded as high as $28.50 and last traded at $28.00. Approximately 1,005 shares traded hands during mid-day trading, an increase of 142% from the average daily volume of 415 shares. The stock had previously closed at $27.50.

Citizens Financial Stock Performance

The business’s fifty day moving average price is $25.50 and its 200 day moving average price is $22.57.

Citizens Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Saturday, January 18th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.57%. This is an increase from Citizens Financial’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, January 17th. Citizens Financial’s payout ratio is presently 47.81%.

Citizens Financial Company Profile

Citizens Financial Corp. operates as the bank holding company for Citizens Bank of West Virginia, Inc that engages in the provision of retail, secondary market, and commercial loan services to consumers and businesses in West Virginia. It provides various deposit products, including checking accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.