ENB Financial (OTCMKTS:ENBP) Shares Up 2.8% – Time to Buy?

ENB Financial Corp (OTCMKTS:ENBP) shares rose 2.8% during mid-day trading on Monday . The stock traded as high as $18.25 and last traded at $18.25. Approximately 1,066 shares changed hands during trading, a decline of 56% from the average daily volume of 2,449 shares. The stock had previously closed at $17.75.

ENB Financial Stock Performance

The stock’s 50 day simple moving average is $17.31 and its 200-day simple moving average is $16.29.

ENB Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 15th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from ENB Financial’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a yield of 3.95%. ENB Financial’s payout ratio is currently 40.73%.

ENB Financial Company Profile

ENB Financial Corp operates as the bank holding company for Ephrata National Bank that provides various financial services to individuals and small-to-medium-sized businesses in Pennsylvania, the United States. The company's deposit products include non-interest bearing and interest-bearing demand deposits, NOW accounts, money market deposit accounts, savings accounts, and time deposits.