Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Announces $0.11 Quarterly Dividend

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) declared a quarterly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Wednesday, December 4th will be paid a dividend of 0.11 per share on Wednesday, December 18th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Wednesday, December 4th.

Ottawa Bancorp Price Performance

OTCMKTS OTTW traded up $0.05 during trading hours on Thursday, hitting $14.80. 1,077 shares of the company’s stock traded hands, compared to its average volume of 3,317. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.15. The firm’s 50-day moving average is $14.71 and its 200-day moving average is $13.45. The company has a market capitalization of $36.70 million, a PE ratio of 82.22 and a beta of 0.36. Ottawa Bancorp has a 52-week low of $10.82 and a 52-week high of $14.95.

About Ottawa Bancorp

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.