SR Bancorp, Inc. to Issue Quarterly Dividend of $0.06 (NASDAQ:SRBK)

SR Bancorp, Inc. (NASDAQ:SRBK) announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.06 per share on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, September 30th.

SR Bancorp Trading Up 0.6%

Shares of SRBK opened at $19.66 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. The stock has a market cap of $159.25 million, a PE ratio of 43.69 and a beta of 0.55. SR Bancorp has a 1 year low of $14.33 and a 1 year high of $20.95. The stock has a 50 day simple moving average of $19.64 and a 200-day simple moving average of $18.67.

SR Bancorp (NASDAQ:SRBK) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). SR Bancorp had a net margin of 6.47% and a return on equity of 1.61%. The company had revenue of $8.58 million during the quarter, compared to analyst estimates of $8.60 million.

SR Bancorp Company Profile

SR Bancorp, Inc is the holding company for Somerset Savings Bank, S.L.A., a community-oriented savings institution headquartered in Bound Brook, New Jersey. The bank serves individuals, families and businesses in communities primarily across central New Jersey.

Somerset Savings Bank provides deposit products, including checking, savings, money market and certificate of deposit accounts, along with residential mortgage loans, home equity financing, commercial real estate loans, business lending and consumer loans.