Citizens (NASDAQ:CIZN) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Citizens (NASDAQ:CIZN) in a research note released on Wednesday. The firm issued a sell rating on the bank’s stock.

Citizens Price Performance

CIZN stock opened at $9.70 on Wednesday. Citizens has a 1-year low of $7.60 and a 1-year high of $11.00. The business has a 50-day moving average price of $9.38 and a 200 day moving average price of $9.04. The company has a market capitalization of $54.68 million, a P/E ratio of 9.90 and a beta of -0.02.

Citizens Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were paid a dividend of $0.16 per share. The ex-dividend date was Monday, December 16th. This represents a $0.64 annualized dividend and a dividend yield of 6.60%. Citizens’s dividend payout ratio (DPR) is presently 65.31%.

Citizens Company Profile

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.