William Penn Bancorporation (NASDAQ:WMPN) to Issue Quarterly Dividend of $0.03

Posted by admin on Apr 25th, 2024

William Penn Bancorporation (NASDAQ:WMPN – Get Free Report) declared a quarterly dividend on Wednesday, April 17th, investing.com reports. Shareholders of record on Monday, April 29th will be given a dividend of 0.03 per share on Thursday, May 9th. This represents a $0.12 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Friday, April 26th.

William Penn Bancorporation has a dividend payout ratio of 80.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.

William Penn Bancorporation Stock Up 1.5 %

Shares of WMPN opened at $12.23 on Thursday. The company has a 50-day simple moving average of $12.22 and a 200-day simple moving average of $12.25. The firm has a market capitalization of $116.80 million, a P/E ratio of 135.89 and a beta of -0.02. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 0.78. William Penn Bancorporation has a 52 week low of $8.77 and a 52 week high of $12.96.

William Penn Bancorporation (NASDAQ:WMPN – Get Free Report) last posted its quarterly earnings results on Wednesday, April 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.02. William Penn Bancorporation had a net margin of 2.44% and a return on equity of 0.34%. The firm had revenue of $8.89 million during the quarter, compared to analyst estimates of $4.70 million.

Analyst Ratings Changes

Separately, Piper Sandler increased their price target on shares of William Penn Bancorporation from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, January 19th.

Read Our Latest Analysis on William Penn Bancorporation

William Penn Bancorporation Company Profile

(Get Free Report)

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.