IF Bancorp, Inc. (NASDAQ:IROQ) Announces Dividend Increase – $0.20 Per Share

IF Bancorp, Inc. (NASDAQ:IROQ) announced a quarterly dividend on Wednesday, February 12th,RTT News reports. Investors of record on Friday, March 21st will be paid a dividend of 0.20 per share by the savings and loans company on Tuesday, April 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Friday, March 21st. This is a positive change from IF Bancorp’s previous quarterly dividend of $0.05.

IF Bancorp has raised its dividend by an average of 7.2% per year over the last three years.

IF Bancorp Stock Down 0.1 %

Shares of NASDAQ:IROQ opened at $23.78 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.06. The company has a fifty day simple moving average of $23.55 and a 200 day simple moving average of $20.99. The firm has a market cap of $79.66 million, a PE ratio of 25.57 and a beta of 0.49. IF Bancorp has a 12-month low of $14.85 and a 12-month high of $25.00.

IF Bancorp (NASDAQ:IROQ) last released its earnings results on Thursday, January 30th. The savings and loans company reported $0.38 earnings per share for the quarter. IF Bancorp had a net margin of 6.18% and a return on equity of 3.99%.

IF Bancorp Company Profile

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.