Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB) Increases Dividend to $0.18 Per Share

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB) announced a quarterly dividend on Thursday, October 24th, RTT News reports. Stockholders of record on Thursday, November 7th will be paid a dividend of 0.18 per share on Thursday, November 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.09%. This is an increase from Northeast Indiana Bancorp’s previous quarterly dividend of $0.17.

Northeast Indiana Bancorp Price Performance

Shares of OTCMKTS NIDB opened at $17.60 on Friday. Northeast Indiana Bancorp has a 12-month low of $13.25 and a 12-month high of $20.45. The firm’s 50-day simple moving average is $16.89 and its 200 day simple moving average is $15.74. The company has a market cap of $42.42 million, a price-to-earnings ratio of 9.89 and a beta of 0.40.

Northeast Indiana Bancorp Company Profile

Northeast Indiana Bancorp, Inc operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit.