Interested In CB Financial Services Inc (NASDAQ:CBFV)’s Upcoming $0.22 Dividend? You Have 3 Days Left
Shares of CB Financial Services Inc (NASDAQ:CBFV) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.22 per share, investors must have owned the shares prior to 07 June 2018, which is the last day the company’s management will finalize their list of shareholders to which they will send dividend payments. Investors looking for higher income-generating stocks to add to their portfolio should keep reading, as I examine CB Financial Services’s latest financial data to analyse its dividend characteristics. View our latest analysis for CB Financial Services
How I analyze a dividend stock
If you are a dividend investor, you should always assess these five key metrics:
Does it pay an annual yield higher than 75% of dividend payers?
Has its dividend been stable over the past (i.e. no missed payments or significant payout cuts)?
Has the amount of dividend per share grown over the past?
Is its earnings sufficient to payout dividend at the current rate?
Will it be able to continue to payout at the current rate in the future?
How does CB Financial Services fare?
The current trailing twelve-month payout ratio for the stock is 54.54%, which means that the dividend is covered by earnings. Furthermore, analysts have not forecasted a dividends per share for the future, which makes it hard to determine the yield shareholders should expect, and whether the current payout is sustainable, moving forward. If there is one thing that you want to be reliable in your life, it’s dividend stocks and their constant income stream. Unfortunately, it is really too early to view CB Financial Services as a dividend investment. It has only been consistently paying dividends for 4 years, however, standard practice for reliable payers is to look for a 10-year minimum track record. Compared to its peers, CB Financial Services produces a yield of 2.58%, which is on the low-side for Banks stocks.
Next Steps:
Now you know to keep in mind the reason why investors should be careful investing in CB Financial Services for the dividend. On the other hand, if you are not strictly just a dividend investor, the stock could still be offering some interesting investment opportunities. Given that this is purely a dividend analysis, you should always research extensively before deciding whether or not a stock is an appropriate investment for you. I always recommend analysing the company’s fundamentals and underlying business before making an investment decision. There are three relevant aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for CBFV’s future growth? Take a look at our free research report of analyst consensus for CBFV’s outlook.
Valuation: What is CBFV worth today? Even if the stock is a cash cow, it’s not worth an infinite price. The intrinsic value infographic in our free research report helps visualize whether CBFV is currently mispriced by the market.
Dividend Rockstars: Are there better dividend payers with stronger fundamentals out there? Check out our free list of these great stocks here.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
