Mvb Financial Corp. Plans Quarterly Dividend of $0.09 (OTCMKTS:MVBF)

Mvb Financial Corp. (OTCMKTS:MVBF) announced a quarterly dividend on Friday, May 22nd, Wall Street Journal reports. Stockholders of record on Monday, June 1st will be given a dividend of 0.09 per share by the financial services provider on Monday, June 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Friday, May 29th.

OTCMKTS:MVBF opened at $14.00 on Friday. Mvb Financial has a 52-week low of $8.22 and a 52-week high of $27.00. The business’s 50-day moving average price is $13.27 and its 200 day moving average price is $18.32.

Mvb Financial (OTCMKTS:MVBF) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.19). The firm had revenue of $27.02 million for the quarter, compared to the consensus estimate of $30.70 million.

Several research firms have issued reports on MVBF. Zacks Investment Research cut Mvb Financial from a “hold” rating to a “sell” rating in a report on Friday, May 15th. Piper Sandler boosted their target price on Mvb Financial from $13.00 to $14.50 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th.

Mvb Financial Company Profile

MVB Financial Corp. (MVB) is a financial holding company. Through its subsidiaries, MVB Bank, Inc (the Bank), MVB Mortgage and MVB Insurance, LLC, the Company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region.

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Dividend History for Mvb Financial (OTCMKTS:MVBF)

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