Patriot National Bancorp (NASDAQ:PNBK) declared a dividend on Friday, August 23rd, Fidelity reports. Investors of record on Tuesday, September 3rd will be given a dividend of 0.01 per share by the bank on Friday, September 13th. The ex-dividend date of this dividend is Friday, August 30th.

Patriot National Bancorp has a payout ratio of 2.9% meaning its dividend is sufficiently covered by earnings.

PNBK opened at $14.06 on Friday. Patriot National Bancorp has a 12 month low of $13.80 and a 12 month high of $25.50. The stock has a market capitalization of $55.39 million, a price-to-earnings ratio of 24.34 and a beta of 0.40. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.09 and a quick ratio of 1.09. The business has a fifty day moving average price of $14.51 and a 200 day moving average price of $15.16.

Patriot National Bancorp (NASDAQ:PNBK) last released its earnings results on Friday, August 23rd. The bank reported ($0.42) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.77). Patriot National Bancorp had a negative return on equity of 0.57% and a negative net margin of 0.86%. The company had revenue of $7.38 million for the quarter.

About Patriot National Bancorp

Patriot National Bancorp, Inc operates as the bank holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company offers consumer and commercial deposit accounts, such as checking accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, savings accounts, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.

Further Reading: Rule of 72

Dividend History for Patriot National Bancorp (NASDAQ:PNBK)

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