Middlefield Banc Corp. Announces Quarterly Dividend of $0.27 (mbcn)

Middlefield Banc Corp. (NASDAQ:mbcn) declared a quarterly dividend on Tuesday, February 14th. Stockholders of record on Tuesday, February 28th will be given a dividend of 0.27 per share on Wednesday, March 15th. This represents a $1.08 annualized dividend and a dividend yield of 2.63%. The ex-dividend date of this dividend is Friday, February 24th.

Middlefield Banc Corp. (NASDAQ:MBCN) opened at 41.14 on Wednesday. The stock’s 50 day moving average is $39.28 and its 200 day moving average is $35.90. Middlefield Banc Corp. has a 52-week low of $31.19 and a 52-week high of $41.14. The company has a market cap of $92.73 million, a price-to-earnings ratio of 13.58 and a beta of 0.13.

Middlefield Banc Corp. (NASDAQ:MBCN) last announced its quarterly earnings data on Tuesday, February 7th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by $0.09. Middlefield Banc Corp. had a return on equity of 8.77% and a net margin of 18.90%. On average, analysts predict that Middlefield Banc Corp. will post $3.58 earnings per share for the current fiscal year.

Dividend History for Middlefield Banc Corp. (NASDAQ:mbcn)

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Middlefield Banc Corp. Company Profile

Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities and travelers’ checks.

5 Day Chart for NASDAQ:MBCN

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