Patriot National Bancorp Declares Quarterly Dividend of $0.01 (NASDAQ:PNBK)

Patriot National Bancorp (NASDAQ:PNBK) declared a quarterly dividend on Friday, November 29th, Fidelity reports. Investors of record on Monday, December 9th will be paid a dividend of 0.01 per share by the bank on Thursday, December 19th. This represents a $0.04 annualized dividend and a yield of 0.33%. The ex-dividend date is Friday, December 6th.

PNBK stock remained flat at $$12.23 during midday trading on Wednesday. The stock has a fifty day moving average of $12.49 and a two-hundred day moving average of $13.90. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.73. Patriot National Bancorp has a 12 month low of $12.11 and a 12 month high of $17.74.

A number of research firms have recently weighed in on PNBK. ValuEngine raised Patriot National Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, September 10th. TheStreet lowered Patriot National Bancorp from a “c” rating to a “d+” rating in a research report on Tuesday, September 3rd.

About Patriot National Bancorp

Patriot National Bancorp, Inc operates as the bank holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company offers consumer and commercial deposit accounts, such as checking accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, savings accounts, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.

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Dividend History for Patriot National Bancorp (NASDAQ:PNBK)

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