Bank of Marin Bancorp (NASDAQ:BMRC) Updates On Quarterly Dividend


As per Bank of Marin Bancorp (NASDAQ:BMRC) statement on 2016-07-25, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.25 per share as dividend to stakeholders. The record date is set as 2016-08-05, the payout date as 2016-08-12 and the ex-dividend date is 2016-08-03.

Last fiscal Bank of Marin Bancorp (NASDAQ:BMRC) disbursed cash dividend of $0.25. A year ago, the payout was $0.25, which indicates a difference of 12.5%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.25, implying 8.0893% growth.

For the period ended on 2015-12-31, Bank of Marin Bancorp (NASDAQ:BMRC)’s earnings came at $0.79 per share compared to EPS of $0.79 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-21. For this quarter, the analysts have earnings estimate of $0.79 per share.

The interim price target for Bank of Marin Bancorp (NASDAQ:BMRC) is set at $52. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Bank of Marin Bancorp (NASDAQ:BMRC) is seen at $52 and the lowest level is established at $52. This broad range highlights a standard deviation of $0 in reported estimates.

Shares of the Bank of Marin Bancorp (NASDAQ:BMRC) traded in the range of $48.93 to $49.32 and closed the last trading session at $49.18 on a volume of ((Volume:238}}.

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