NorthEast Community Bancorp Hikes Quarterly Cash Dividend by 50% [Yahoo! Finance]
NorthEast Community Bancorp, Inc. (NECB)
US:NASDAQ Investor Relations:
necommunitybank.com/aboutus/investorrelations.aspx
Company Research
Source: Yahoo! Finance
This reflects a 50% hike from the prior payout. Besides this, the company also announced a special cash dividend of 15 cents per share. Both dividends will be paid out on Nov. 6, 2024, to shareholders of record as of Oct 4. Prior to the latest hike, the bank increased its dividend by 66.7% to 10 cents per share this March. Based on its closing price of $23.24 as of Sept. 19, NECB's current dividend yield is 2.6%. Kenneth A. Martinek, chairman and CEO of NorthEast Community Bancorp said, “The payment of dividends continues to represent one part of our long-term commitment to enhancing shareholder value.” NECB's Other Capital Distribution Activities The company has an ongoing share repurchase program too. The plan, announced in May 2023, authorized the repurchase of additional 1.5 million shares, with no expiration date. As of June 30, 2024, 0.4 million shares were available under the authorization. This is the company's second buyback plan since it completed its second-step
Show less
Read more
Impact Snapshot
Event Time:
NECB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NECB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NECB alerts
High impacting NorthEast Community Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
NECB
News
- NorthEast Community Bancorp, Inc. Announces Increase in Quarterly Cash Dividend and Special Cash DividendGlobeNewswire
- Northeast Community Bancorp Inc. (NECB) Hits Fresh High: Is There Still Room to Run? [Yahoo! Finance]Yahoo! Finance
- Northeast Community Bancorp (NECB) Beats Q2 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2024 [Yahoo! Finance]Yahoo! Finance
- NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2024GlobeNewswire
NECB
Earnings
- 7/22/24 - Beat
NECB
Sec Filings
- 9/20/24 - Form 8-K
- 8/9/24 - Form 10-Q
- 7/24/24 - Form 8-K
- NECB's page on the SEC website