Dividend To Observe: Will Nov 14, 2016 be the day Bank of Marin Bancorp (NASDAQ:BMRC) makes dividends of $0.27?

Dividend To Observe: Will Nov 14, 2016 be the day Bank of Marin Bancorp (NASDAQ:BMRC) makes dividends of $0.27?

Bank of Marin Bancorp (NASDAQ:BMRC) is expected to pay $0.27 on Nov 14, 2016. The indicated annual dividend is $1.08. Shareholders owning the stock before Nov 2, 2016 will be eligible to receive the payout. Based on Bank of Marin Bancorp’s current price of $50.75, the dividend is 0.53%. This dividend’s record date is Nov 4, 2016 and the announcement date is Oct 24, 2016. The stock increased 1.10% or $0.55 during the last trading session, hitting $50.75. Bank of Marin Bancorp (NASDAQ:BMRC) has risen 2.59% since March 30, 2016 and is uptrending. It has underperformed by 0.43% the S&P500.

Bank of Marin Bancorp is the holding firm for Bank of Marin (the Bank). The company has a market cap of $308.29 million. The Company’s customer base is made up of business and personal banking relationships from the communities near the branch office locations. It has a 13.84 P/E ratio. The Company’s business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations.

Insitutional Activity: The institutional sentiment increased to 2.71 in 2016 Q2. Its up 1.45, from 1.26 in 2016Q1. The ratio increased, as 5 funds sold all Bank of Marin Bancorp shares owned while 12 reduced positions. 11 funds bought stakes while 35 increased positions. They now own 2.35 million shares or 3.45% less from 2.43 million shares in 2016Q1.
Legal & General Group Public Ltd holds 0% of its portfolio in Bank of Marin Bancorp (NASDAQ:BMRC) for 1,013 shares. Cornerstone Mngmt Ltd Company last reported 0% of its portfolio in the stock. Jacobs Levy Equity Incorporated holds 0% of its portfolio in Bank of Marin Bancorp (NASDAQ:BMRC) for 4,310 shares. Ativo Cap Management Limited Liability Corp has invested 0.2% of its portfolio in Bank of Marin Bancorp (NASDAQ:BMRC). Vanguard Gru Incorporated accumulated 0% or 169,405 shares. Prudential Financial has 0% invested in the company for 46,282 shares. Teachers Advsrs Inc accumulated 0% or 9,288 shares. Rhumbline Advisers, a Massachusetts-based fund reported 7,517 shares. Nationwide Fund Advisors reported 9,165 shares or 0% of all its holdings. Tower Ltd (Trc) has invested 0% of its portfolio in Bank of Marin Bancorp (NASDAQ:BMRC). Basswood Mgmt Limited Co last reported 0.96% of its portfolio in the stock. Moreover, Jacobus Wealth Mngmt has 0.07% invested in Bank of Marin Bancorp (NASDAQ:BMRC) for 4,500 shares. Blackrock Investment Mngmt Limited Co owns 24,868 shares or 0% of their US portfolio. M&R Cap Mngmt has 52 shares for 0% of their US portfolio. The New Jersey-based Kcg has invested 0% in Bank of Marin Bancorp (NASDAQ:BMRC).

Insider Transactions: Since August 11, 2016, the stock had 0 buys, and 1 sale for $87,010 net activity. HELLER H ROBERT sold $87,010 worth of stock or 1,776 shares.

More recent Bank of Marin Bancorp (NASDAQ:BMRC) news were published by: Businesswire.com which released: “Bank of Marin Bancorp Reports Record Earnings of $7.0 Million” on October 24, 2016. Also Reuters.com published the news titled: “BRIEF-Bank of Marin Bancorp reports record earnings of $7.0 mln” on October 24, 2016. Reuters.com‘s news article titled: “BRIEF-Bank Of Marin Bancorp Q2 EPS $0.79” with publication date: July 20, 2015 was also an interesting one.

BMRC Company Profile

Bank of Marin Bancorp (Bancorp), incorporated on March 2, 2007, is the holding firm for Bank of Marin (the Bank). The Company’s customer base is made up of business and personal banking relationships from the communities near the branch office locations. The Company’s business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations. The Firm operates through approximately 20 offices in Marin, Sonoma, San Francisco, Napa and Alameda counties, with a focus on supporting the local communities. It makes international banking services available to its clients indirectly through other financial institutions, with whom it has correspondent banking relationships.

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