Key Highlights

  • Community Bancorp (OTC:CMTV) pays USD 0.26 per share, with an ex-dividend date of October 15, a payment date of November 1 and a screen yield of 2.46%.
  • Community Bancorp goes ex-dividend on October 15 for a USD 0.26 per share payout payable November 1, with a 2.46% yield on the screen.
  • The USD 0.26 quarterly rate annualizes to USD 1.04, and the screen's yield implies a price near USD 42.28.
  • No company release dated October 14 or 15 was found, and the company trades over the counter.

Dividend Details and Latest Updates

Community Bancorp, a Vermont community bank holding company that trades over the counter, goes ex-dividend on October 15 for a USD 0.26 per share payout payable on November 1, according to the calendar screen. A search of company filings and wire releases found no announcement dated October 14 or 15, and business details were not reviewed in depth. The USD 0.26 dividend annualizes to USD 1.04, and the screen's 2.46% yield implies a price near USD 42.28, simple arithmetic.

Coverage, Yield and the Data

Small over-the-counter bank stocks trade thinly, so quotes and yields can differ between data providers. September CPI came in hotter than expected on October 14, the 10-year Treasury yield rose to about 5.28%, and investors worry the Fed could raise rates again on October 27 and 28, which matters for income stocks. Third-quarter results are expected in late October, and the date was not verified in the material reviewed. The payout goes ex-dividend on October 15 and is paid 17 days later on November 1, so only holders who own the shares before the ex-date receive it. Annualized at 4 payments the dividend is USD 1.04, and the screen's yield of 2.46% implies a share price near USD 42.28, simple arithmetic. Each USD 0.26 payment equals about 0.61% of that implied price, which is roughly how far the stock may adjust on the ex-date.

Risks and What to Watch

Thin trading, net interest margin pressure and local credit conditions affect small banks. What to watch next: third-quarter results and the next dividend declaration. This is information only and not investment advice. The ex-dividend date is the first day a buyer no longer receives the declared payout, and a stock price typically adjusts down by roughly the dividend amount on that day. September CPI came in hotter than expected on October 14, the 10-year Treasury yield rose to about 5.28% and investors worry the Fed could raise rates on October 27 and 28. Business development companies must distribute most of their income, so their yields track credit quality, leverage and base rates. Bank of America fell after a penalty of more than USD 1.2 billion cut third-quarter EPS to USD 0.91, which pressured bank and insurance stocks on October 14.

Where Things Stand

Dividend investors should weigh yield against coverage, because a high yield can signal market doubt as easily as value. Community Bancorp (OTC:CMTV) is in focus because of a regular small-bank dividend with no company release found. An ex-dividend date is mechanical, so the share price typically adjusts down by about the payout, and the balance of evidence favors checking coverage before acting. Direction remains unknown, and the next catalyst is third-quarter results and the next dividend declaration. Check the underlying filings first, verify the latest filings before acting, and treat the figures as a snapshot.