StockNews.com started coverage on shares of Peoples Bancorp of North Carolina in a research note on Thursday. They issued a "buy" rating for the company.
Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Get Rating) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 9,800 shares, a drop of 22.2% from the October 31st total of 12,600 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily volume of 4,900 shares, the short-interest ratio is presently 2.0 days.
Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) declared a quarterly dividend on Monday, August 22nd. Investors of record on Friday, September 2nd will be given a dividend of 0.18 per share by the bank on Thursday, September 15th. This represents a $0.72 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Thursday, September 1st.
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