CapitalSource Plans Quarterly Dividend of $0.01 (CSE)

CapitalSource (NYSE:CSE) announced a quarterly dividend on Monday, March 4th. Stockholders of record on Thursday, March 14th will be paid a dividend of $0.01 per share on Thursday, March 28th. This represents a $0.04 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Tuesday, March 12th.

Shares of CapitalSource (CSE) traded up 0.67% during mid-day trading on Monday, hitting $9.03. CapitalSource (CSE) has a one year low of $5.96 and a one year high of $9.08. The stock’s 50-day moving average is currently $8.28. The company has a market cap of $1.877 billion and a P/E ratio of 4.21.

CapitalSource last announced its earnings results on Tuesday, January 29th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.09. During the same quarter last year, the company posted $0.03 earnings per share. Analysts expect that CapitalSource (CSE) will post $0.62 EPS for the current fiscal year.

CapitalSource Inc. (CapitalSource) is a commercial lender which, primarily through its wholly owned subsidiary, CapitalSource Bank, provides financial products to small and middle market businesses nationwide and provides depository products and services in southern and central California.

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