Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC – Get Free Report) announced a quarterly dividend on Thursday, October 24th, Zacks reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.40 per share by the financial services provider on Tuesday, December 10th. This represents a $1.60 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Fidelity D & D Bancorp’s previous quarterly dividend of $0.38.
Fidelity D & D Bancorp has raised its dividend payment by an average of 8.6% per year over the last three years and has raised its dividend annually for the last 9 consecutive years.
Fidelity D & D Bancorp Stock Down 2.9 %
Shares of FDBC stock traded down $1.50 on Friday, hitting $50.50. The stock had a trading volume of 4,085 shares, compared to its average volume of 7,110. Fidelity D & D Bancorp has a 12-month low of $41.10 and a 12-month high of $60.85. The business has a 50 day moving average of $50.66 and a 200 day moving average of $48.04. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a market cap of $289.67 million, a price-to-earnings ratio of 17.84 and a beta of 0.59.
Insider Buying and Selling
In related news, Director Alan Silverman sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $51.50, for a total transaction of $103,000.00. Following the completion of the sale, the director now owns 19,049 shares in the company, valued at approximately $981,023.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, CEO Daniel J. Santaniello sold 500 shares of Fidelity D & D Bancorp stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $53.00, for a total value of $26,500.00. Following the completion of the transaction, the chief executive officer now owns 54,882 shares in the company, valued at $2,908,746. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alan Silverman sold 2,000 shares of Fidelity D & D Bancorp stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $51.50, for a total transaction of $103,000.00. Following the completion of the transaction, the director now owns 19,049 shares of the company’s stock, valued at $981,023.50. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 3,500 shares of company stock worth $182,547. Insiders own 21.00% of the company’s stock.
Fidelity D & D Bancorp Company Profile
Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.
Featured Stories
- Five stocks we like better than Fidelity D & D Bancorp
- How to Buy Cheap Stocks Step by Step
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- The Risks of Owning Bonds
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Bank Stocks – Best Bank Stocks to Invest In
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for Fidelity D & D Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity D & D Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.