Eloise C. Thibault Sells 550 Shares of Wellesley Bancorp, Inc. (WEBK) Stock

Wellesley Bancorp, Inc. (NASDAQ:WEBK) VP Eloise C. Thibault sold 550 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $26.26, for a total transaction of $14,443.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of Wellesley Bancorp, Inc. (WEBK) traded up 0.19% on Friday, hitting $26.35. 28,341 shares of the stock traded hands. The firm’s 50-day moving average is $27.15 and its 200 day moving average is $26.96. Wellesley Bancorp, Inc. has a 12-month low of $19.60 and a 12-month high of $28.25. The firm has a market cap of $62.16 million and a P/E ratio of 20.41.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 21st. Shareholders of record on Wednesday, June 7th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date is Monday, June 5th. This is an increase from Wellesley Bancorp’s previous quarterly dividend of $0.04.

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About Wellesley Bancorp

Wellesley Bancorp, Inc is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses. It attracts deposits from the general public and uses those funds to originate residential mortgage loans, commercial real estate loans and construction loans, and, to a lesser extent, commercial business loans, home equity lines of credit and other consumer loans.

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