Why CNB Financial (CCNE) is a Top Dividend Stock for Your Portfolio

Company Overview - CNB Financial (CCNE) is headquartered in Clearfield and operates in the Finance sector, with a stock price change of -4.67% since the beginning of the year [3] - The company currently pays a dividend of $0.18 per share, resulting in a dividend yield of 3.04%, which is higher than the Banks - Northeast industry's yield of 2.72% and the S&P 500's yield of 1.52% [3] Dividend Analysis - The current annualized dividend of CNB Financial is $0.72, reflecting a 1.4% increase from the previous year [4] - Over the past 5 years, CNB Financial has increased its dividend twice on a year-over-year basis, with an average annual increase of 1.20% [4] - The company's current payout ratio is 30%, indicating that it pays out 30% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for CNB Financial's earnings in 2025 is $2.64 per share, which represents a year-over-year earnings growth rate of 10.46% [5] - The company is viewed as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [6]