Dividend Alert: Shareholders can safely expect $0.10 dividends by Nov 23, 2016, from Suffolk Bancorp (NYSE:SCNB).

Dividend Alert: Shareholders can safely expect $0.10 dividends by Nov 23, 2016, from Suffolk Bancorp (NYSE:SCNB).

Suffolk Bancorp (NYSE:SCNB) is expected to pay $0.10 on Nov 23, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 7, 2016 will be eligible to receive the payout. Based on Suffolk Bancorp’s current price of $35.96, the dividend is 0.28%. This dividend’s record date is Nov 9, 2016 and the announcement date is Oct 26, 2016. The stock decreased 0.11% or $0.04 on November 4, hitting $35.96. About 33,755 shares traded hands or 67.74% up from the average. Suffolk Bancorp (NYSE:SCNB) has risen 49.58% since April 5, 2016 and is uptrending. It has outperformed by 47.63% the S&P500.

Suffolk Bancorp is the bank holding firm for Suffolk County National Bank of Riverhead . The company has a market cap of $427.36 million. The Bank is a community bank, which offers commercial and retail banking services to its customers. It has a 21.75 P/E ratio. The Bank operates over 30 branches in Nassau, Suffolk and Queens Counties, New York and loan production offices in Garden City, Melville and Long Island City.

SCNB Company Profile

Suffolk Bancorp, incorporated on August 15, 1984, is the bank holding firm for Suffolk County National Bank of Riverhead (the Bank). The Bank is a community bank, which offers commercial and retail banking services to its customers. The Bank operates approximately 30 branches in Nassau, Suffolk and Queens Counties, New York and loan production offices in Garden City, Melville and Long Island City.

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