TCBS Ups Dividend Ahead of Holiday-Shortened Week
Texas Community Bancshares raised its quarterly dividend to $0.06 per share, payable to holders of record as of June 2. The stock closed Friday at $16.75 with only 2,205 shares traded. Net income for the first quarter rose to $836,000 from $643,000 a year earlier. U.S. markets are closed Monday for Memorial Day, with Nasdaq trading resuming Tuesday.