Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB) Plans Dividend Increase – $0.18 Per Share

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB) declared a quarterly dividend on Thursday, October 24th, RTT News reports. Investors 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 yield of 4.09%. This is a positive change from Northeast Indiana Bancorp’s previous quarterly dividend of $0.17.

Northeast Indiana Bancorp Stock Performance

OTCMKTS:NIDB opened at $17.60 on Friday. Northeast Indiana Bancorp has a 1 year low of $13.25 and a 1 year high of $20.45. The stock has a 50-day moving average price of $16.89 and a two-hundred day moving average price of $15.74. The stock 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.