CNB Financial (CCNE) Could Be a Great Choice

Company Overview - CNB Financial (CCNE) is headquartered in Clearfield and operates in the Finance sector [3] - The stock has experienced a price change of -1.93% since the beginning of the year [3] Dividend Information - CNB Financial currently pays a dividend of $0.18 per share, resulting in a dividend yield of 2.95% [3] - The dividend yield of the Banks - Northeast industry is 2.63%, while the S&P 500's yield is 1.49% [3] - The company's annualized dividend of $0.72 has increased by 1.4% from the previous year [4] - Over the last 5 years, CNB Financial has increased its dividend twice on a year-over-year basis, averaging an annual increase of 1.20% [4] - The current payout ratio is 29%, indicating that the company paid out 29% of its trailing 12-month EPS as dividends [4] Earnings Growth Expectations - For the fiscal year, CCNE anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 at $2.71 per share, reflecting a year-over-year growth rate of 13.39% [5] Investment Considerations - High-yielding stocks may struggle during periods of rising interest rates, but CCNE is considered a compelling investment opportunity due to its strong dividend profile [6] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a stable investment outlook [6]