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Featured MNV Articles: | Cash Dividend On The Way From Severn Bancorp (SVBI)By Dividend Channel Staff, Wednesday, March 3, 10:18 AM ET
On 3/5/21, Severn Bancorp Inc (SVBI) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 3/15/21. As a percentage of SVBI's recent stock price of $8.10, this dividend works out to approximately 0.62%, so look for shares of Severn Bancorp Inc to trade 0.62% lower — all else being equal — when SVBI shares open for trading on 3/5/21. Below is a dividend history chart for SVBI, showing historical dividends prior to the most recent $0.05 declared by Severn Bancorp Inc : In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SVBI is likely to continue, and whether the current estimated yield of 2.47% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SVBI shares, versus its 200 day moving average:
Looking at the chart above, SVBI's low point in its 52 week range is $4.2581 per share, with $8.49 as the 52 week high point — that compares with a last trade of $8.10. Free Report: Top 7%+ Dividends (paid monthly)
In Wednesday trading, Severn Bancorp Inc shares are currently off about 1.5% on the day.
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