CoBiz Financial Inc. (NASDAQ:COBZ) Updates On Quarterly Dividend


As per CoBiz Financial Inc. (NASDAQ:COBZ) statement on 2016-07-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.05 per share as dividend to stakeholders. The record date is set as 2016-08-01, the payout date as 2016-08-08 and the ex-dividend date is 2016-07-28.

Last fiscal CoBiz Financial Inc. (NASDAQ:COBZ) disbursed cash dividend of $0.05. A year ago, the payout was $0.05, which indicates a difference of 13.3333%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.05, implying 33.5604% growth.

For the period ended on 2015-12-31, CoBiz Financial Inc. (NASDAQ:COBZ)’s earnings came at $0.21 per share compared to EPS of $0.17 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-20. For this quarter, the analysts have earnings estimate of $0.2 per share.

The interim price target for CoBiz Financial Inc. (NASDAQ:COBZ) is set at $13.166. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for CoBiz Financial Inc. (NASDAQ:COBZ) is seen at $13.5 and the lowest level is established at $13. This broad range highlights a standard deviation of $0.288 in reported estimates.

Shares of the CoBiz Financial Inc. (NASDAQ:COBZ) traded in the range of $12.09 to $12.76 and closed the last trading session at $12.63 on a volume of ((Volume:238}}.

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