Northeast Indiana Bancorp (OTCMKTS:NIDB) Trading 2.4% Higher

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB) was up 2.4% during mid-day trading on Wednesday . The company traded as high as $16.95 and last traded at $16.95. Approximately 100 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 1,223 shares. The stock had previously closed at $16.55.

Northeast Indiana Bancorp Stock Performance

The stock has a market capitalization of $40.22 million, a P/E ratio of 7.58 and a beta of 0.35. The company’s 50-day moving average price is $17.48 and its 200 day moving average price is $18.13.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last released its earnings results on Tuesday, January 23rd. The company reported $0.31 earnings per share (EPS) for the quarter. The business had revenue of $4.49 million for the quarter.

Northeast Indiana Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 8th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 4.11%. The ex-dividend date of this dividend was Wednesday, February 7th. Northeast Indiana Bancorp’s dividend payout ratio (DPR) is presently 30.43%.

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.