Century Bancorp(NASDAQ:CNBKA) Declares Dividend of $0.1200.

Century Bancorp (NASDAQ:CNBKA) had declared a cash dividend of $0.1200 on Apr 12, 2016. The shares will quote ex-dividend on Apr 28, 2016 and the record date has been fixed on May 2, 2016. At Apr 12, 2016 share price, the yield comes out to be 1.2248%. The dividend payable date has been fixed on May 16, 2016.

Century Bancorp (CNBKA) remained unchanged at the close of Friday session. Even as the volume increased to 2,400 ,the shares failed to make any impression and ended at 0 points or 0.00% at $38.95. The trading session commenced at $38.8 and the stock hit a high of $38.99 and touched $38.8 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $45.1 and the 52-week low is $32.54. The company has a market cap of $217 M and has approximately 55,67,909 outstanding shares.

Century Bancorp(CNBKA) last announced its earnings results on Oct 14, 2015 for Fiscal Year 2015 and Q3.Earnings per share were $1.11.

Several Insider Transactions has been reported to the SEC. On Apr 6, 2016, James J Filler (10% owner) purchased 505 shares at $38.95 per share price.Also, On Mar 18, 2016, Paul A Evangelista (Executive Vice President) purchased 5 shares at $39.11 per share price.On Mar 16, 2016, Barry R Sloane (CEO and President) purchased 8 shares at $66.71 per share price, according to the Form-4 filing with the securities and exchange commission.

Century Bancorp Inc. is a state-chartered bank holding company. The Company has one banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises state and local Governments and agencies non-profit organizations and individuals. The Company provides commercial loans real estate and construction loans and consumer loans and accepts savings time and demand deposits. In addition the Company offers to its corporate and institutional customers automated lock box collection services cash management services and account reconciliation services Also the Company provides full service securities brokerage services through a program called Investment Services at Century Bank. The Company provides financial services including cash management lockbox processing and short-term and long-term financing to municipalities in Massachusetts New Hampshire and Rhode Island.

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