Commercial National Financial (OTCMKTS:CEFC) Trading Down 2.3%

Commercial National Financial Co. (OTCMKTS:CEFC)’s stock price was down 2.3% during mid-day trading on Wednesday . The stock traded as low as $8.56 and last traded at $8.56. Approximately 200 shares were traded during trading, a decline of 91% from the average daily volume of 2,224 shares. The stock had previously closed at $8.76.

Commercial National Financial Stock Performance

The firm’s fifty day moving average price is $9.07 and its 200-day moving average price is $8.84.

Commercial National Financial (OTCMKTS:CEFC) last announced its earnings results on Friday, January 26th. The company reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $5.02 million for the quarter.

Commercial National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 6.54%. The ex-dividend date was Thursday, March 14th. Commercial National Financial’s dividend payout ratio is currently 35.90%.

Commercial National Financial Company Profile

Commercial National Financial Corporation operates as the holding company for Commercial Bank that provides various banking products and services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. The company accepts various deposit products, including checking and savings accounts, individual retirement accounts, certificates of deposit, and health savings accounts.