Cash Dividend On The Way From Elmira Savings Bank (ESBK)

Looking at the universe of stocks we cover at Dividend Channel, on 6/2/15, Elmira Savings Bank ( ESBK) will trade ex-dividend, for its quarterly dividend of $0.23, payable on 6/19/15. As a percentage of ESBK's recent stock price of $20.27, this dividend works out to approximately 1.13%, so look for shares of Elmira Savings Bank to trade 1.13% lower — all else being equal — when ESBK shares open for trading on 6/2/15.

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Below is a dividend history chart for ESBK, showing historical dividends prior to the most recent $0.23 declared by Elmira Savings Bank :

ESBK+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ESBK is likely to continue, and whether the current estimated yield of 4.54% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ESBK shares, versus its 200 day moving average:

Elmira Savings Bank  200 Day Moving Average Chart

Looking at the chart above, ESBK's low point in its 52 week range is $19.43 per share, with $24.59 as the 52 week high point — that compares with a last trade of $20.27.

In Friday trading, Elmira Savings Bank shares are currently trading flat on the day.

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