dividend
confidence high
sentiment positive
materiality 0.55
Skyline Bankshares raises semi-annual dividend 23.5% to $0.21/share
Skyline Bankshares, Inc.
- Dividend of $0.21 per share payable March 20, 2023 to holders of record March 10, 2023.
- Increase of $0.04 per share (23.53%) from prior semi-annual dividend of $0.17 paid Sept 2022.
- Annualized yield of 3.54% based on recent trading price of $11.85 per share.
- Payout ratio of 22.95% based on FY2022 net income of $10.3 million.
- CEO cites record 2022 earnings as basis for the increase.