Citizens (NASDAQ:CIZN) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Citizens (NASDAQ:CIZN) in a research report released on Monday morning. The brokerage issued a sell rating on the bank’s stock.

Citizens Price Performance

NASDAQ CIZN opened at $9.97 on Monday. The company has a market capitalization of $56.20 million, a PE ratio of 10.17 and a beta of -0.06. The company has a fifty day moving average of $9.88 and a 200 day moving average of $9.31. Citizens has a 1 year low of $7.65 and a 1 year high of $11.00.

Citizens Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.16 per share. The ex-dividend date is Monday, March 17th. This represents a $0.64 dividend on an annualized basis and a yield of 6.42%. Citizens’s dividend payout ratio is presently 65.31%.

About Citizens

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.