First South Bancorp, Inc. (FSBK) Increases Dividend to $0.04 Per Share

First South Bancorp, Inc. (NASDAQ:FSBK) announced a quarterly dividend on Friday, April 28th. Stockholders of record on Monday, May 8th will be given a dividend of 0.035 per share by the bank on Friday, May 19th. This represents a $0.14 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, May 4th. This is an increase from First South Bancorp’s previous quarterly dividend of $0.03.

Shares of First South Bancorp (NASDAQ:FSBK) opened at 13.60 on Friday. The company has a market capitalization of $129.20 million, a PE ratio of 17.53 and a beta of 0.38. The stock’s 50 day moving average is $12.82 and its 200 day moving average is $11.82. First South Bancorp has a 1-year low of $8.83 and a 1-year high of $13.75.

First South Bancorp (NASDAQ:FSBK) last posted its quarterly earnings results on Thursday, April 20th. The bank reported $0.20 EPS for the quarter. The firm had revenue of $11.96 million for the quarter. First South Bancorp had a net margin of 13.81% and a return on equity of 8.04%.

Dividend History for First South Bancorp (NASDAQ:FSBK)

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First South Bancorp Company Profile

First South Bancorp, Inc is the bank holding company for First South Bank (the Bank). Through the Bank, the Company operates a commercial banking business. The Bank is a North Carolina chartered commercial bank. The Bank’s segment is providing general commercial banking services to its markets located in the state of North Carolina.

5 Day Chart for NASDAQ:FSBK

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