Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 512 shares of the stock in a transaction dated Friday, November 25th. The shares were acquired at an average price of $52.69 per share, with a total value of $26,977.28. Following the completion of the purchase, the insider now directly owns 539,900 shares of the company’s stock, valued at $28,447,331. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Century Bancorp Inc. (NASDAQ:CNBKA) traded down 0.28% during mid-day trading on Monday, hitting $52.85. The stock had a trading volume of 2,632 shares. The stock has a market cap of $294.22 million, a P/E ratio of 12.26 and a beta of 0.43. The stock has a 50-day moving average price of $47.57 and a 200 day moving average price of $44.47. Century Bancorp Inc. has a 52 week low of $38.26 and a 52 week high of $53.80.
The business also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 1st were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, October 28th. Century Bancorp’s dividend payout ratio is currently 11.16%.
Century Bancorp Company Profile