Chicopee Bancorp, Inc. (NASDAQ:CBNK) declared a quarterly dividend on Tuesday, January 26th, Analyst Ratings Network.com reports. Investors of record on Saturday, February 6th will be given a dividend of 0.09 per share by the financial services provider on Saturday, February 20th. This represents a $0.36 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Wednesday, February 3rd. This is an increase from Chicopee Bancorp’s previous quarterly dividend of $0.08.

Separately, TheStreet upgraded shares of Chicopee Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, December 3rd.

Chicopee Bancorp (NASDAQ:CBNK) opened at 17.99 on Friday. Chicopee Bancorp has a 12-month low of $15.90 and a 12-month high of $18.25. The company has a 50-day moving average of $17.57 and a 200 day moving average of $16.86. The firm has a market cap of $87.85 million and a price-to-earnings ratio of 29.98.

Chicopee Bancorp (NASDAQ:CBNK) last posted its earnings results on Friday, January 22nd. The financial services provider reported $0.20 earnings per share for the quarter. Equities analysts expect that Chicopee Bancorp will post $0.35 EPS for the current fiscal year.

Chicopee Bancorp, Inc. is a bank holding company. The Bank is a full-service, community oriented financial institution offering products and services to individuals and businesses through nine offices located in Western Massachusetts. Chicopee Savings Bank’s business consists of making loans to its customers, including residential mortgages, commercial real estate loans, commercial loans, consumer loans and home equity loans, and investing in a variety of investment securities. It funds lending and investment activities with deposits from the general public, funds generated from operations and borrowings. It sells residential one-to-four family real estate loans to the secondary market. The Bank’s revenues are derived from the generation of interest and fees on loans, interest and dividends on investment securities, fees from its retail banking operation, and investment management. It provides access to insurance and investment products through its Financial Services Division.

12 Month Chart for NASDAQ:CBNK

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