Wake Forest Bancshares, Inc. Declares Quarterly Dividend of $0.06 (WAKE)

Wake Forest Bancshares, Inc. (OTCMKTS:WAKE) announced a quarterly dividend on Tuesday, September 19th, Zacks reports. Stockholders of record on Tuesday, October 3rd will be paid a dividend of 0.06 per share on Friday, October 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Monday, October 2nd.

Shares of Wake Forest Bancshares (WAKE) traded up 0.38% during midday trading on Wednesday, hitting $17.92. The firm’s 50 day moving average is $17.87 and its 200 day moving average is $17.82. Wake Forest Bancshares has a 52-week low of $16.20 and a 52-week high of $19.45. The stock has a market cap of $20.73 million and a price-to-earnings ratio of 16.04.

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About Wake Forest Bancshares

Wake Forest Bancshares, Inc (the Bank) is a bank. The Bank offers consumers related products, as well as services for small businesses and not-for-profit organizations. The Bank also offers Internet banking services. The Bank’s personal banking services include now checking account, money market account, passbook savings, certificate of deposit, and automated teller machine (ATM) and debit cards.

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