Fed Governor Adriana Kugler to resign
Ranajoy Ray-Chaudhuri, a director at QNB Corp (OTC:QNBC), recently acquired 117 shares of the company's common stock. The transaction, dated January 2, 2025, was part of the 2023 Non-Employee Director Compensation Plan. The shares were purchased at a price of $33.92 each, totaling approximately $3,968. The purchase comes as QNB, with a market capitalization of $125 million, trades near its 52-week high after posting an impressive 48.5% return over the past six months. InvestingPro analysis indicates the stock currently trades at a P/E ratio of 12.6 and offers a dividend yield of 4.4%. Following this acquisition, Ray-Chaudhuri now holds 1,414 shares directly. According to InvestingPro data, QNB Corp has maintained dividend payments for 28 consecutive years, demonstrating strong financial stability. Additional InvestingPro Tips reveal valuable insights about the company's market position and financial health.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.