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Stock impact report

Plumas Bancorp's (NASDAQ:PLBC) Dividend Will Be Increased To $0.33 [Yahoo! Finance]

Plumas Bancorp (PLBC) 
US:NASDAQ Investor Relations: plumasbank.com
Company Research Source: Yahoo! Finance
Although the dividend is now higher, the yield is only 2.5%, which is below the industry average. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. Plumas Bancorp has a good history of paying out dividends, with its current track record at 9 years. Past distributions do not necessarily guarantee future ones, but Plumas Bancorp's payout ratio of 26% is a good sign for current shareholders as this means that earnings decently cover dividends. Looking forward, EPS is forecast to rise by 34.8% over the next 3 years. Analysts forecast the future payout ratio could be 24% over the same time horizon, which is a number we think the company can maintain. View our latest analysis for Plumas Bancorp The dividend's track record has been pretty solid, but with only 9 years of history we wan Show less Read more
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