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CNB Community Bancorp (CNB Community Bancorp) 3-Year Dividend Growth Rate : 3.40% (As of Mar. 2024)


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What is CNB Community Bancorp 3-Year Dividend Growth Rate?

CNB Community Bancorp's Dividends per Share for the three months ended in Mar. 2024 was $0.29.

The historical rank and industry rank for CNB Community Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

CNBB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.9   Med: 3.4   Max: 5.9
Current: 3.4

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of CNB Community Bancorp was 5.90% per year. The lowest was 2.90% per year. And the median was 3.40% per year.

CNBB's 3-Year Dividend Growth Rate is ranked worse than
71.06% of 774 companies
in the Banks industry
Industry Median: 7.7 vs CNBB: 3.40

During the past 12 months, CNB Community Bancorp's average Dividends Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

CNB Community Bancorp's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.23. As of today, CNB Community Bancorp's Dividend Yield % is 3.49%.

Good Sign:

CNB Community Bancorp Inc stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of CNB Community Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, CNB Community Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNB Community Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CNB Community Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where CNB Community Bancorp's 3-Year Dividend Growth Rate falls into.



CNB Community Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


CNB Community Bancorp  (OTCPK:CNBB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

CNB Community Bancorp's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.29/ 1.26
=0.23

During the past 7 years, the highest Dividend Payout Ratio of CNB Community Bancorp was 0.24. The lowest was 0.20. And the median was 0.22.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

CNB Community Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2900002024-03-272024-03-282024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.2900002023-12-282023-12-312024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.2900002023-09-282023-09-302023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.2900002023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

CNB Community Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.16/33.25
=3.49 %

Current Share Price is $33.25.
CNB Community Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.16.

During the past 7 years, the highest Dividend Yield of CNB Community Bancorp was 3.52%. The lowest was 0.75%. And the median was 2.66%.

Good Sign:

CNB Community Bancorp Inc stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CNB Community Bancorp 3-Year Dividend Growth Rate Related Terms>


CNB Community Bancorp (CNB Community Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1 South Howell Street, Hillsdale, MI, USA, 49242
CNB Community Bancorp Inc is a United States based bank holding company of County National Bank. The bank engaged in offering personal banking and business banking services. It provides checking accounts services, savings accounts services, loans, mortgages, Certificate of deposit, debit card and credit cards, among other services. In addition, the bank is also involved in the trust and investment activities. The company offers banking products and services to the local communities it serves in Hillsdale, Jackson, Calhoun, and Lenawee counties in Michigan, US.