Dividend On Watch: CNB Financial Corporation (NASDAQ:CCNE) expects Dec 15, 2016 to be an important day for investors.

Dividend On Watch: CNB Financial Corporation (NASDAQ:CCNE) expects Dec 15, 2016 to be an important day for investors.

CNB Financial Corporation (NASDAQ:CCNE) is expected to pay $0.17 on Dec 15, 2016. The indicated annual dividend is $0.66. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on CNB Financial Corporation’s current price of $24.72, the dividend is 0.67%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 9, 2016. The stock increased 3.26% or $0.78 on November 25, hitting $24.72. CNB Financial Corp (NASDAQ:CCNE) has risen 37.49% since April 25, 2016 and is uptrending. It has outperformed by 31.47% the S&P500.

CNB Financial Corporation is a financial holding company. The company has a market cap of $369.25 million. The Firm provides a range of banking and related services through its subsidiary, CNB Bank . It has a 17 P/E ratio. In addition, the Bank provides trust and asset management services, including the administration of trusts and estates, retirement plans and other employee benefit plans, as well as a range of wealth management services.

Insitutional Activity: The institutional sentiment increased to 2.13 in Q2 2016. Its up 1.04, from 1.09 in 2016Q1. The ratio increased, as 4 funds sold all CNB Financial Corp shares owned while 18 reduced positions. 3 funds bought stakes while 21 increased positions. They now own 4.17 million shares or 15.11% less from 4.91 million shares in 2016Q1.
Dimensional Fund Advsrs Limited Partnership accumulated 279,221 shares or 0% of the stock. Martingale Asset Mgmt Limited Partnership holds 0.01% or 24,063 shares in its portfolio. Schwab Charles Investment has invested 0% of its portfolio in CNB Financial Corp (NASDAQ:CCNE). Barclays Public Limited Co has 0% invested in the company for 56 shares. Geode Capital Mngmt Limited Com has invested 0% of its portfolio in CNB Financial Corp (NASDAQ:CCNE). National Bank & Trust Of America De owns 357 shares or 0% of their US portfolio. Vanguard Grp Inc, a Pennsylvania-based fund reported 357,987 shares. Wells Fargo And Co Mn has 0% invested in the company for 6,742 shares. State Bank Of Ny Mellon Corp holds 0% or 90,091 shares in its portfolio. Bnp Paribas Arbitrage Sa accumulated 0% or 535 shares. Teachers Incorporated reported 20,212 shares or 0% of all its holdings. California State Teachers Retirement System reported 29,025 shares or 0% of all its holdings. Tiaa Cref Inv Ltd Llc, a New York-based fund reported 56,244 shares. Deutsche Savings Bank Ag reported 55,652 shares or 0% of all its holdings. Prudential Finance last reported 0% of its portfolio in the stock.

Insider Transactions: Since June 8, 2016, the stock had 2 insider buys, and 0 sales for $2,695 net activity. 101 shares were bought by Scott Nicholas N. Jr., worth $1,798.

More recent CNB Financial Corp (NASDAQ:CCNE) news were published by: Marketwatch.com which released: “CNB Financial Corporation Announces Closing of $50 Million of Fixed-to …” on October 04, 2016. Also Businesswire.com published the news titled: “CNB Financial Corporation Announces Acquisition of Lake National Bank” on December 30, 2015. Finance.Yahoo.com‘s news article titled: “CNB Financial Corporation (Nasdaq: CCNE) to Ring The Nasdaq Stock Market …” with publication date: November 08, 2016 was also an interesting one.

CCNE Company Profile

CNB Financial Corporation, incorporated on September 12, 1983, is a financial holding company. The Firm provides a range of banking and related services through its subsidiary, CNB Bank (the Bank). In addition, the Bank provides trust and asset management services, including the administration of trusts and estates, retirement plans and other employee benefit plans, as well as a range of wealth management services. The Bank offers a range of banking activities and services for individual, business, governmental and institutional customers. The Bank’s Wealth & Asset Management Services division offers a range of client services. The Bank has approximately 40 branch offices and over two loan production offices. The Bank operates two divisions: ERIEBANK and FCBank. As ERIEBANK, the Bank operates in the Pennsylvania counties of Crawford, Erie and Warren. As FCBank, the Bank operates in the Ohio counties of Crawford, Richland, Ashland, Wayne, Marion, Morrow, Knox, Holmes, Delaware and Franklin.

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