Suffolk Bancorp(SCNB) Declares Dividend of $0.1000.

Suffolk Bancorp (SCNB) had declared a cash dividend of $0.1000 on Jan 25, 2017. The shares will quote ex-dividend on Feb 6, 2017 and the record date has been fixed for Feb 8, 2017. Based on Feb 6, 2017 share price, the yield comes out to be 0.96%. The dividend payable date has been fixed on Feb 22, 2017.

Suffolk Bancorp (SCNB) shares turned negative on Tuesdays trading session with the shares closing down -0.26 points or -0.63% at a volume of 3,27,187. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $41.76. The peak price level was also seen at $41.76 while the days lowest was $41.27. Finally the shares closed at $41.31. The 52-week high of the shares is $44.7 while the 52-week low is $22.88. According to the latest information available, the market cap of the company is $492 M.

Suffolk Bancorp(SCNB) last announced its earnings results on Oct 27, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $20.71M. Analysts had an estimated revenue of $20.63M. Earnings per share were $0.50. The reported EPS was above estimates by $0.07 or 16.28%. Analysts had estimated an EPS of $0.43.

Several Insider Transactions has been reported to the SEC. On Jan 3, 2017, Anita J Nigrel (EVP & Chief Retail Officer) purchased 3 shares at $42.64 per share price.Also, On Jan 3, 2017, Christopher J Hilton (EVP & Chief Credit Officer) purchased 2 shares at $42.64 per share price.On Nov 28, 2016, James R Whitehouse (EVP) purchased 5 shares at $39.67 per share price, according to the Form-4 filing with the securities and exchange commission.

Suffolk Bancorp (Suffolk) is a bank holding company for Suffolk County National Bank of Riverhead (the Bank). The Bank is a community bank which offers commercial and retail banking services to its customers. The Bank operates 26 branches in Nassau and Suffolk Counties New York and loan production offices in Garden City and Melville New York. The Bank makes commercial real estate floating and fixed rate loans multifamily and mixed use commercial loans primarily in the boroughs of New York City commercial and industrial loans to manufacturers wholesalers distributors developers/contractors and retailers and agricultural loans. The Bank investment securities consist of United States Government agency securities obligations of states and political subdivisions collateralized mortgage obligations mortgage-backed securities and Corporate bonds. The Bank finances its activities through deposits borrowings and proceeds from maturities and sales of securities.

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