Why CNB Financial (CCNE) is a Great Dividend Stock Right Now

Company Overview - CNB Financial (CCNE) is a bank holding company based in Clearfield, operating in the Finance sector. The company's shares have experienced a price change of -9.37% this year [3]. Dividend Information - CNB Financial currently pays a dividend of $0.18 per share, resulting in a dividend yield of 3.2%. This yield is higher than the Banks - Northeast industry's yield of 2.73% and the S&P 500's yield of 1.49% [3]. - The company's annualized dividend of $0.72 has increased by 1.4% from the previous year. Over the last five years, CNB Financial has raised its dividend two times, achieving an average annual increase of 1.20% [4]. - The current payout ratio for CNB Financial is 29%, indicating that the company paid out 29% 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 $2.71 per share, reflecting a year-over-year earnings growth rate of 13.39% [5]. Investment Appeal - CNB Financial is characterized as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [6].