Mechanics Bancorp (NASDAQ:MCHB) Declares Quarterly Dividend of $0.25

by · The Cerbat Gem

Mechanics Bancorp (NASDAQ:MCHB – Get Free Report) announced a quarterly dividend on Wednesday, August 19th. Investors of record on Saturday, August 29th will be paid a dividend of 0.25 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date is Friday, August 28th.

Mechanics Bancorp Stock Performance

MCHB opened at $16.70 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average price is $16.09 and its two-hundred day moving average price is $15.30. The firm has a market capitalization of $3.70 billion, a P/E ratio of 13.58 and a beta of 1.41. Mechanics Bancorp has a 12-month low of $12.52 and a 12-month high of $17.38.

Mechanics Bancorp Company Profile

(Get Free Report)

HomeStreet, Inc operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit; credit cards; insurance; and treasury management products and services. Its loan products include commercial business and agriculture loans, single family residential mortgages, consumer loans, commercial loans secured by residential and commercial real estate, and construction loans for residential and commercial real estate development, as well as consumer installment loans and permanent loans on commercial real estate and single-family residences.

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