Notable Dividend Flow: $0.21 dividends are now a reality for Bryn Mawr Bank Corporation (NASDAQ:BMTC) shareholders. Here’s why.

Notable Dividend Flow: $0.21 dividends are now a reality for Bryn Mawr Bank Corporation (NASDAQ:BMTC) shareholders. Here's why.

Bryn Mawr Bank Corporation (NASDAQ:BMTC) is expected to pay $0.21 on Dec 1, 2016. The indicated annual dividend is $0.84. Shareholders owning the stock before Oct 31, 2016 will be eligible to receive the payout. Based on Bryn Mawr Bank Corporation’s current price of $31.25, the dividend is 0.67%. This dividend’s record date is Nov 2, 2016 and the announcement date is Oct 21, 2016. The stock closed at $31.25 during the last session. It is down 22.07% since March 29, 2016 and is uptrending. It has outperformed by 18.60% the S&P500.

Bryn Mawr Bank Corporation is a holding firm for The Bryn Mawr Trust Company . The company has a market cap of $527.93 million. The Firm offers a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance, and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation. It has a 26.12 P/E ratio. The Firm operates through two divisions: Wealth Management and Banking.

Insitutional Activity: The institutional sentiment decreased to 1.22 in 2016 Q2. Its down 0.46, from 1.68 in 2016Q1. The ratio worsened, as 9 funds sold all Bryn Mawr Bank Corp. shares owned while 32 reduced positions. 12 funds bought stakes while 38 increased positions. They now own 11.54 million shares or 0.35% less from 11.58 million shares in 2016Q1.
Mutual Of America Capital Ltd Liability Com owns 134,527 shares or 0.08% of their US portfolio. Metropolitan Life Insurance Ny reported 12,392 shares or 0% of all its holdings. Kistler holds 0% or 80 shares in its portfolio. Moreover, Banc Funds Co Ltd Limited Liability Company has 0.37% invested in Bryn Mawr Bank Corp. (NASDAQ:BMTC) for 215,952 shares. North Star Asset Inc, a Wisconsin-based fund reported 227,261 shares. Steinberg Glob Asset Mgmt accumulated 0.08% or 15,400 shares. State Street last reported 0% of its portfolio in the stock. Deutsche Bancorp Ag has 0% invested in the company for 9,229 shares. Panagora Asset Mngmt owns 1,986 shares or 0% of their US portfolio. Stifel Fincl last reported 0.03% of its portfolio in the stock. Investment Counselors Of Maryland Limited Co last reported 652,267 shares in the company. Ladenburg Thalmann Finance Service holds 0% or 2,436 shares in its portfolio. Bb&T Corp has 0.04% invested in the company for 64,800 shares. Moreover, Nationwide Fund Advsr has 0% invested in Bryn Mawr Bank Corp. (NASDAQ:BMTC) for 12,844 shares. Dimensional Fund Advisors Ltd Partnership holds 0.01% of its portfolio in Bryn Mawr Bank Corp. (NASDAQ:BMTC) for 667,780 shares.

Insider Transactions: Since May 11, 2016, the stock had 1 insider buy, and 3 sales for $537,150 net activity. Another trade for 4,250 shares valued at $121,550 was made by Halberstadt Geoffrey L on Wednesday, May 11. 10,000 shares were sold by KEEFER JOSEPH G, worth $306,218 on Thursday, August 18. The insider Clement Michael Joseph bought 2,000 shares worth $56,600. PETERS FREDERICK C II sold $165,982 worth of Bryn Mawr Bank Corp. (NASDAQ:BMTC) on Friday, August 26.

More notable recent Bryn Mawr Bank Corp. (NASDAQ:BMTC) news were published by: Nasdaq.com which released: “Bryn Mawr Bank Corporation (BMTC) Ex-Dividend Date Scheduled for October 31, 2016” on October 28, 2016, also Bizjournals.com with their article: “Bryn Mawr Bank Corp. continues restructuring c-suite” published on August 04, 2016, Globenewswire.com published: “Bryn Mawr Bank Corporation Completes Merger With Continental Bank Holdings, Inc.” on January 02, 2015. More interesting news about Bryn Mawr Bank Corp. (NASDAQ:BMTC) were released by: Bizjournals.com and their article: “Bryn Mawr Bank Corp. picks new CEO” published on April 25, 2014 as well as Reuters.com‘s news article titled: “BRIEF-Bryn Mawr Bank Corp. records Q3 earnings per share of $0.55” with publication date: October 20, 2016.

BMTC Company Profile

Bryn Mawr Bank Corporation, incorporated on August 8, 1986, is a holding firm for The Bryn Mawr Trust Company (the Bank). The Firm offers a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance, and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation. The Firm operates through two divisions: Wealth Management and Banking. The Company’s Wealth Management segment offers various services, including trust administration, other related fiduciary services, custody, investment management and advisory services, employee benefits and individual retirement account (IRA) administration, estate settlement, tax services and brokerage.

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