Bank7 Stock Climbs as 27-Cent Dividend Lands: What BSVN Investors Need to Know
Bank7 Corp shares last traded 1.2% higher at $43.67 in thin late-morning Nasdaq trading on Thursday, while the Oklahoma City-based lender kept its quarterly cash dividend at 27 cents a share. The stock had traded as high as $43.99, with just 569 shares changing hands, market data showed. The company said the dividend, a cash payment to shareholders, will be paid on July 7 to investors on record at the close of business on June 19. At Thursday’s price, the quarterly payout implies an annualized yield — the yearly dividend divided by the share price — of about 2.5%.