VersaBank (VBN) to Issue Quarterly Dividend of $0.03 on October 31st

VersaBank (TSE:VBNGet Free Report) announced a quarterly dividend on Thursday, September 5th, Zacks reports. Shareholders of record on Friday, October 4th will be given a dividend of 0.025 per share on Thursday, October 31st. This represents a $0.10 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Friday, October 4th.

VersaBank Stock Performance

VersaBank (TSE:VBNGet Free Report) last released its quarterly earnings data on Thursday, September 5th. The company reported C$0.36 EPS for the quarter, missing the consensus estimate of C$0.47 by C($0.11). The business had revenue of C$27.00 million during the quarter, compared to analyst estimates of C$29.90 million.

Wall Street Analysts Forecast Growth

VBN has been the topic of several research analyst reports. Keefe, Bruyette & Woods upgraded shares of VersaBank to a “moderate buy” rating in a research report on Tuesday, August 27th. Roth Capital upgraded VersaBank to a “strong-buy” rating in a report on Friday, September 27th.

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Further Reading

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