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PARTNER NEWS:
Fri, May 3, 5:25 AM, Zacks
Featured MNV Articles:
| Cash Dividend On The Way From MetroCity BanksharesBy Dividend Channel Staff, Friday, April 26, 10:20 AM ET
On 4/30/24, MetroCity Bankshares Inc (NASDAQ:MCBS) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 5/10/24. As a percentage of MCBS's recent stock price of $23.85, this dividend works out to approximately 0.84%, so look for shares of MetroCity Bankshares Inc to trade 0.84% lower — all else being equal — when MCBS shares open for trading on 4/30/24. Below is a dividend history chart for MCBS, showing historical dividends prior to the most recent $0.20 declared by MetroCity Bankshares Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MCBS is likely to continue, and whether the current estimated yield of 3.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MCBS shares, versus its 200 day moving average:
Looking at the chart above, MCBS's low point in its 52 week range is $13.10 per share, with $26.23 as the 52 week high point — that compares with a last trade of $23.85. Free Report: Top 8%+ Dividends (paid monthly)
In Friday trading, MetroCity Bankshares Inc shares are currently down about 2% on the day.
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