Crazy Woman Creek Bancorp Inc. (OTCMKTS:CRZY) Stock Continues to Trade in a Narrow Range

Every day there are a number of stocks which trade within a range but if there is significant news with regards to the underlying companies then it may be a good idea to be abreast of the situation.

Trading Data

On Wednesday, CRZY stock ended flat at $24.55 with more than 40 shares traded, compared to its average volume of 98 shares. The stock has moved within a range of $24.55 – 24.55 after opening trading at $24.55.

Crazy Woman Creek Bancorp Reports Record Earnings for Fiscal Year 2021; Pays Annual Cash Dividend of $0.31 per Share

Yesterday, the Crazy Woman Creek Bancorp Inc. (OTCMKTS:CRZY)  was trading in a range but at the same time it ought to be noted that it’s fully owned subsidiary unit Buffalo Federal Bank Inc actually made a major announcement. It may be a good idea for investors to consider taking a look at the announcement and then figure out if it might have an effect on the Crazy Woman Creek Bancorp stock or not.

Yesterday, Buffalo Federal Bank announced that it had paid an annual cash dividend to the tune of as much as $0.31 a share to its shareholders on January 5, 2021. The dividends had been paid out to those who had been shareholders of record back on December 7, 2021. Dividends paying companies can often attract new investors and it now remains to be seen if this development results in more interest in the Crazy Woman Creek Bancorp stock or not in the coming days.

Key Quote

“This dividend is a testament to the strength of our core banking activities and financial performance of our franchise. We are pleased that our earnings growth provides us the opportunity to pay a cash dividend to our shareholders and support future growth at the Bank,” stated Paul M. Brunkhorst, Buffalo Federal Bank’s President and CEO. At the stock price of $22.76 per share at the market close of our September 30, 2021 fiscal year-end, the current dividend equates to a yield of 1.36% on an annualized basis.