Bancorp of New Jersey Inc(NYSEMKT:BKJ) Declares Dividend of $0.0600.

Bancorp of New Jersey Inc (NYSEMKT:BKJ) had declared a cash dividend of $0.0600 on Jun 10, 2016. The shares will quote ex-dividend on Jun 16, 2016 and the record date has been fixed for Jun 20, 2016. On Jun 10, 2016 share price, the yield comes out to be 2.1145%. The dividend payable date has been fixed on Jun 30, 2016.

Bancorp of New Jersey Inc (BKJ) made into the market gainers list on Wednesdays trading session with the shares advancing 0.27% or 0.03 points. Due to strong positive momentum, the stock ended at $11.25, which is also near the day’s high of $11.25. The stock began the session at $11.25 and the volume stood at 442 shares. The 52-week high of the shares is $13.5 and the 52 week low is $9.75. The company has a current market capitalization of $70 M and it has 62,40,041 shares in outstanding.

Bancorp of New Jersey Inc(BKJ) last announced its earnings results on May 6, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $0.21.

Several Insider Transactions has been reported to the SEC. On Jun 2, 2016, Diane M Spinner (director) sold 12,000 shares at $11.49 per share price.Also, On Jun 2, 2016, Nancy E Graves (CEO) purchased 6,984 shares at $11.50 per share price.On Aug 24, 2015, Rosario Luppino (director) purchased 4,200 shares at $11.39 per share price, according to the Form-4 filing with the securities and exchange commission.

Bancorp of New Jersey Inc. is the bank holding company for Bank of New Jersey (the Bank). The Company through the Bank conducts a traditional commercial banking business accepting deposits from the general public including individuals businesses non-profit organizations and governmental units. The Bank makes commercial loans consumer loans and both residential and commercial real estate loans. In addition the Bank provides other customer services and makes investments in securities. The principal market for its deposit gathering and lending activities lies within Bergen County in New Jersey. The Company offers various types of deposit products such demand deposits savings deposits demand deposits and time deposits among others. The Bank’s wholly owned subsidiaries include BONJ-New York Corp. BONJ-New Jersey Investment Company BONJ- Delaware Investment Company and BONJ REIT Inc.

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