Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 512 shares of Century Bancorp stock in a transaction dated Friday, November 25th. The stock was acquired at an average cost of $52.69 per share, for a total transaction of $26,977.28. Following the purchase, the insider now directly owns 539,900 shares in the company, valued at approximately $28,447,331. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Century Bancorp Inc. (NASDAQ:CNBKA) opened at 53.55 on Wednesday. The company has a market cap of $298.11 million, a price-to-earnings ratio of 12.42 and a beta of 0.43. The firm has a 50-day moving average of $47.79 and a 200-day moving average of $44.56. Century Bancorp Inc. has a 52 week low of $38.26 and a 52 week high of $53.80.

Insider Buying and Selling by Quarter for Century Bancorp (NASDAQ:CNBKA)

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 1st were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend was Friday, October 28th. Century Bancorp’s payout ratio is 11.16%.

WARNING: This piece of content was originally reported by Financial Market News and is owned by of Financial Market News. If you are viewing this piece of content on another publication, it was stolen and reposted in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at http://www.financial-market-news.com/james-j-filler-purchases-512-shares-of-century-bancorp-inc-cnbka-stock/1210150/.

Century Bancorp Company Profile

Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.

5 Day Chart for NASDAQ:CNBKA

Receive News & Ratings for Century Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.