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Civista Bancshares (CIVB) is a Top Dividend Stock Right Now: Should You Buy?
CIVBCivista Bancshares(CIVB) ZACKS·2025-02-21 17:50

Company Overview - Civista Bancshares (CIVB) is headquartered in Sandusky and operates in the Finance sector, with a stock price change of -0.05% since the start of the year [3] - The company currently pays a dividend of 0.17pershare,resultinginadividendyieldof3.230.17 per share, resulting in a dividend yield of 3.23%, which is higher than the Banks - Midwest industry's yield of 2.96% and the S&P 500's yield of 1.52% [3] Dividend Performance - Civista Bancshares has an annualized dividend of 0.68, reflecting a 6.3% increase from the previous year [4] - Over the last 5 years, the company has increased its dividend 2 times year-over-year, with an average annual increase of 9.51% [4] - The current payout ratio is 32%, indicating that the company pays out 32% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Civista Bancshares anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 at $2.28 per share, representing a 13.43% increase from the previous year [5] Investment Appeal - Civista Bancshares is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7]