1st Constitution Bancorp (FCCY) to Issue Quarterly Dividend of $0.08 on November 5th

1st Constitution Bancorp (NASDAQ:FCCY) announced a quarterly dividend on Friday, October 18th, Zacks reports. Stockholders of record on Friday, October 25th will be paid a dividend of 0.075 per share by the financial services provider on Tuesday, November 5th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, October 24th.

NASDAQ FCCY traded up $0.01 during trading hours on Tuesday, hitting $19.39. 4 shares of the stock were exchanged, compared to its average volume of 10,452. The company has a market cap of $165.47 million, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of 1.50 and a beta of 0.26. 1st Constitution Bancorp has a 12-month low of $16.47 and a 12-month high of $20.85. The stock has a 50-day moving average of $18.56 and a 200 day moving average of $18.34. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.03.

1st Constitution Bancorp (NASDAQ:FCCY) last posted its quarterly earnings results on Friday, October 18th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.05. The firm had revenue of $13.72 million during the quarter, compared to analysts’ expectations of $13.27 million. 1st Constitution Bancorp had a net margin of 21.02% and a return on equity of 10.76%. On average, equities research analysts expect that 1st Constitution Bancorp will post 1.59 earnings per share for the current year.

FCCY has been the topic of several recent analyst reports. DA Davidson lowered shares of 1st Constitution Bancorp from a “buy” rating to a “neutral” rating and set a $18.09 target price on the stock. in a research report on Tuesday, June 25th. Zacks Investment Research lowered shares of 1st Constitution Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, October 15th. Finally, ValuEngine lowered shares of 1st Constitution Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, October 17th.

About 1st Constitution Bancorp

1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking services in the central, coastal, and northeastern areas of New Jersey. The company offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts, money market accounts, and negotiable order of withdrawal accounts; and non-interest bearing demand, savings, and time deposits, as well as certificates of deposit.

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Dividend History for 1st Constitution Bancorp (NASDAQ:FCCY)

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