Commercial National Financial (OTCMKTS:CEFC) Trading 2.8% Higher

Shares of Commercial National Financial Co. (OTCMKTS:CEFC) traded up 2.8% on Thursday . The stock traded as high as $9.25 and last traded at $9.25. 4,734 shares traded hands during mid-day trading, an increase of 206% from the average session volume of 1,546 shares. The stock had previously closed at $9.00.

Commercial National Financial Trading Up 2.8 %

The firm has a 50 day simple moving average of $8.84 and a two-hundred day simple moving average of $9.01. The company has a market capitalization of $36.72 million, a PE ratio of 6.25 and a beta of 0.50.

Commercial National Financial (OTCMKTS:CEFC) last announced its earnings results on Friday, April 26th. The company reported $0.29 earnings per share for the quarter. The company had revenue of $5.03 million during the quarter.

Commercial National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Friday, June 14th were paid a $0.14 dividend. The ex-dividend date was Friday, June 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.05%. Commercial National Financial’s dividend payout ratio (DPR) is presently 37.84%.

About Commercial National Financial

Commercial National Financial Corporation operates as the holding company for Commercial Bank that provides various banking products and services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. The company accepts various deposit products, including checking and savings accounts, individual retirement accounts, certificates of deposit, and health savings accounts.