Community West Bancshares (NASDAQ:CWBC) declared a dividend on Monday, May 3rd, investing.com reports. Stockholders of record on Monday, May 10th will be given a dividend of 0.07 per share by the financial services provider on Monday, May 31st. This represents a dividend yield of 2.26%. The ex-dividend date of this dividend is Friday, May 7th.
Community West Bancshares has increased its dividend payment by 25.8% over the last three years and has raised its dividend annually for the last 1 consecutive years.
Shares of NASDAQ CWBC traded down $0.22 during midday trading on Monday, hitting $12.15. The stock had a trading volume of 14,826 shares, compared to its average volume of 10,612. The company has a market capitalization of $103.57 million, a price-to-earnings ratio of 12.40 and a beta of 0.99. Community West Bancshares has a 1-year low of $6.16 and a 1-year high of $13.44. The company has a quick ratio of 1.26, a current ratio of 1.30 and a debt-to-equity ratio of 2.19. The company has a fifty day moving average price of $12.78 and a 200 day moving average price of $9.98.
Separately, TheStreet raised Community West Bancshares from a “c+” rating to a “b-” rating in a research note on Monday, April 26th.
Community West Bancshares Company Profile
Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California. The company offers deposit products, such as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposit.
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