Pioneer Bankshares (OTCMKTS:PNBI) Stock Price Down 4% – Here’s Why

Pioneer Bankshares, Inc. (OTCMKTS:PNBIGet Free Report)’s share price dropped 4% during trading on Tuesday . The company traded as low as $24.00 and last traded at $24.00. Approximately 100 shares changed hands during trading, a decline of 89% from the average daily volume of 946 shares. The stock had previously closed at $25.00.

Pioneer Bankshares Stock Performance

The business has a fifty day moving average of $23.28 and a 200 day moving average of $22.60.

Pioneer Bankshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.17%. The ex-dividend date was Monday, September 16th.

About Pioneer Bankshares

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Pioneer Bankshares, Inc operates as the bank holding company for Pioneer Bank, Inc that provides various banking and related financial services to individual consumers, small to medium size businesses, and professional community in the United States. The company offers various deposit products, which include business and personal checking accounts, savings accounts, and certificates of deposit.

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