Quaint Oak Bancorp (OTCMKTS:QNTO) Shares Up 1.3% – Here’s Why

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO)’s stock price was up 1.3% on Thursday . The stock traded as high as $11.19 and last traded at $11.19. Approximately 1,514 shares were traded during trading, an increase of 6% from the average daily volume of 1,426 shares. The stock had previously closed at $11.05.

Quaint Oak Bancorp Stock Up 1.3 %

The business has a fifty day moving average price of $11.01 and a two-hundred day moving average price of $10.75. The company has a current ratio of 1.10, a quick ratio of 0.99 and a debt-to-equity ratio of 0.56. The company has a market cap of $29.47 million, a price-to-earnings ratio of 11.42 and a beta of 0.13.

Quaint Oak Bancorp (OTCMKTS:QNTO) last released its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.09 earnings per share for the quarter. The firm had revenue of $5.46 million for the quarter. Quaint Oak Bancorp had a net margin of 4.27% and a return on equity of 5.76%.

Quaint Oak Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, October 28th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $0.52 annualized dividend and a dividend yield of 4.65%. Quaint Oak Bancorp’s dividend payout ratio is 53.06%.

About Quaint Oak Bancorp

Quaint Oak Bancorp, Inc operates as the holding company for Quaint Oak Bank that provides banking products and services in Pennsylvania. It offers various deposit products, including money market accounts, certificates of deposit, interest and non-interest-bearing checking accounts for businesses and consumers, and savings accounts.