Prudential Bancorp Inc (NASDAQ:PBIP) Raises Dividend to $0.07 Per Share

Prudential Bancorp Inc (NASDAQ:PBIP) declared a quarterly dividend on Wednesday, November 20th, Zacks reports. Shareholders of record on Friday, December 6th will be given a dividend of 0.07 per share by the savings and loans company on Friday, December 20th. This represents a $0.28 annualized dividend and a yield of 1.56%. The ex-dividend date is Thursday, December 5th. This is an increase from Prudential Bancorp’s previous quarterly dividend of $0.05.

Shares of PBIP opened at $17.98 on Tuesday. The company’s 50-day simple moving average is $17.58 and its 200-day simple moving average is $17.36. Prudential Bancorp has a 1 year low of $13.92 and a 1 year high of $19.57. The stock has a market capitalization of $160.00 million, a PE ratio of 16.98 and a beta of 0.05.

About Prudential Bancorp

Prudential Bancorp, Inc operates as the bank holding company for Prudential Bank that provides various banking products or services. The company accepts interest-bearing and non-interest-bearing checking, money market, savings, and certificates of deposit accounts. Its loan portfolio comprises single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, and commercial business loans, as well as consumer loans, such as loans secured by deposit accounts and unsecured personal loans.

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Dividend History for Prudential Bancorp (NASDAQ:PBIP)

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