CNB Financial (NASDAQ:CCNEP) Stock Price Up 0% – Here’s Why

Shares of CNB Financial Co. (NASDAQ:CCNEP) rose 0% during mid-day trading on Thursday . The company traded as high as $25.00 and last traded at $25.0010. Approximately 214 shares were traded during trading, a decline of 82% from the average daily volume of 1,211 shares. The stock had previously closed at $25.00.

CNB Financial Stock Performance

The business has a fifty day simple moving average of $24.77 and a 200 day simple moving average of $24.88.

CNB Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Saturday, November 15th were issued a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a yield of 7.1%. This is an increase from CNB Financial’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, November 14th.

About CNB Financial

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania, and operates through its subsidiary, CNB Bank. The company provides a full range of financial services to individual and commercial customers, including deposit accounts, consumer and commercial lending, mortgage banking, and treasury management solutions. Through its branch network and digital banking platforms, CNB Financial seeks to deliver personalized service and local decision-making across its footprint.

Founded in 1874, CNB Financial has built a regional presence in central and western Pennsylvania, maintaining branches in communities such as Clearfield, Centre, Cambria, Jefferson and Indiana counties.