Wake Forest Bancshares, Inc. (OTCMKTS:WAKE) Declares $0.08 Quarterly Dividend

Wake Forest Bancshares, Inc. (OTCMKTS:WAKE) announced a quarterly dividend on Monday, March 18th, Zacks reports. Stockholders of record on Friday, April 5th will be paid a dividend of 0.08 per share on Wednesday, April 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Thursday, April 4th.

Shares of WAKE traded down $1.94 during midday trading on Friday, reaching $18.81. The stock had a trading volume of 1,005 shares, compared to its average volume of 443. Wake Forest Bancshares has a 1-year low of $18.00 and a 1-year high of $20.95.

Wake Forest Bancshares (OTCMKTS:WAKE) last posted its earnings results on Wednesday, January 23rd. The company reported $0.38 EPS for the quarter.

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Wake Forest Bancshares Company Profile

Wake Forest Bancshares, Inc operates as the holding company for Wake Forest Federal Savings & Loan Association that provides various banking products and services. It offers now checking accounts, money market accounts, passbook savings accounts, IRAs, and certificates of deposit. The company's loan portfolio includes fixed mortgage loans, balloon mortgages, home equity loans, construction loans, commercial real estate mortgages, and commercial lines of credit, as well as loans secured by residential investment properties and land, and deposit loans.

Read More: Special Dividends

Dividend History for Wake Forest Bancshares (OTCMKTS:WAKE)

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