Community Financial Corp(Maryland) (NASDAQ:TCFC) Declares Quarterly Dividend of $0.13

Community Financial Corp(Maryland) (NASDAQ:TCFC) announced a quarterly dividend on Thursday, December 19th, Zacks reports. Shareholders of record on Monday, January 20th will be paid a dividend of 0.125 per share by the financial services provider on Wednesday, January 29th. This represents a $0.50 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date is Thursday, January 16th.

Community Financial Corp(Maryland) has raised its dividend by an average of 7.7% per year over the last three years. Community Financial Corp(Maryland) has a dividend payout ratio of 18.2% meaning its dividend is sufficiently covered by earnings.

Community Financial Corp(Maryland) stock opened at $33.74 on Tuesday. Community Financial Cor has a twelve month low of $27.30 and a twelve month high of $36.23. The firm has a 50 day moving average price of $34.92 and a 200-day moving average price of $33.13. The company has a market capitalization of $190.71 million, a P/E ratio of 12.65 and a beta of 0.37. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.52.

Community Financial Corp(Maryland) (NASDAQ:TCFC) last released its earnings results on Friday, November 8th. The financial services provider reported $0.66 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.06). Community Financial Corp(Maryland) had a net margin of 19.79% and a return on equity of 9.32%.

In other Community Financial Corp(Maryland) news, CEO William J. Pasenelli purchased 1,411 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were bought at an average cost of $34.83 per share, for a total transaction of $49,145.13. Also, Director Joseph V. Stone, Jr. purchased 4,233 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were acquired at an average price of $34.83 per share, for a total transaction of $147,435.39. 10.95% of the stock is owned by corporate insiders.

Community Financial Corp(Maryland) Company Profile

The Community Financial Corporation operates as the bank holding company for Community Bank of the Chesapeake that provides commercial and retail banking services to individuals and businesses. Its deposit products include savings, money market, demand deposit, IRA, SEP, and time deposit accounts. The company also provides loan products, such as commercial real estate and other non-residential real estate, residential first mortgage, residential rental mortgage, construction and land development, home equity and second mortgage, commercial, consumer, and commercial equipment loans.

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Dividend History for Community Financial Corp(Maryland) (NASDAQ:TCFC)

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