AmeriServ Financial Inc. (NASDAQ:ASRV) Plans Quarterly Dividend of $0.03

by · The Markets Daily

AmeriServ Financial Inc. (NASDAQ:ASRV – Get Free Report) announced a quarterly dividend on Tuesday, July 21st. Shareholders of record on Monday, August 3rd will be paid a dividend of 0.03 per share by the financial services provider on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Monday, August 3rd.

AmeriServ Financial has increased its dividend payment by an average of 0.0%annually over the last three years.

AmeriServ Financial Stock Up 1.6%

Shares of NASDAQ:ASRV traded up $0.06 on Tuesday, reaching $3.93. The company had a trading volume of 70,010 shares, compared to its average volume of 13,964. The stock has a market capitalization of $66.65 million, a P/E ratio of 11.91 and a beta of 0.44. The stock has a 50-day moving average price of $3.82 and a 200 day moving average price of $3.69. AmeriServ Financial has a twelve month low of $2.64 and a twelve month high of $4.04. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.58.

AmeriServ Financial (NASDAQ:ASRV – Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.16 EPS for the quarter. AmeriServ Financial had a return on equity of 4.72% and a net margin of 6.20%.The business had revenue of $15.90 million for the quarter.

About AmeriServ Financial

(Get Free Report)

AmeriServ Financial, Inc is a holding company, which engages in the provision of consumer, mortgage and commercial financial products and services through its subsidiary. It operates through the following segments: Community Banking, Wealth Management, and Investment or Parent. The Community Banking segment includes both retail and commercial banking activities. The Wealth Management segment involves in the operations of a Trust Company, West Chester Capital Advisors an investment advisory firm, and Financial Services.

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