Premier Financial Bancorp, Inc. (NASDAQ:PFBI) to Issue Quarterly Dividend of $0.15

Premier Financial Bancorp, Inc. (NASDAQ:PFBI) announced a quarterly dividend on Friday, May 22nd, Wall Street Journal reports. Shareholders of record on Monday, June 15th will be paid a dividend of 0.15 per share by the bank on Tuesday, June 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend is Friday, June 12th.

Premier Financial Bancorp stock opened at $12.42 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.84 and a current ratio of 0.84. Premier Financial Bancorp has a 52 week low of $8.21 and a 52 week high of $20.38. The stock has a market capitalization of $183.57 million, a P/E ratio of 7.87 and a beta of 0.78. The stock has a fifty day moving average of $11.83 and a 200-day moving average of $15.38.

Premier Financial Bancorp (NASDAQ:PFBI) last released its quarterly earnings data on Friday, May 8th. The bank reported $0.36 earnings per share for the quarter. The business had revenue of $18.59 million for the quarter. Premier Financial Bancorp had a return on equity of 9.76% and a net margin of 27.33%.

PFBI has been the topic of a number of research analyst reports. ValuEngine downgraded shares of Premier Financial Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, April 1st. BidaskClub upgraded shares of Premier Financial Bancorp from a “strong sell” rating to a “sell” rating in a research report on Thursday, February 27th.

About Premier Financial Bancorp

Premier Financial Bancorp, Inc offers banking products and services. The company offers demand deposits and interest and non-interest bearing time and savings deposits. The company's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases.

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Dividend History for Premier Financial Bancorp (NASDAQ:PFBI)

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