Northeast Indiana Bancorp (OTCMKTS:NIDB) Trading Down 1.2% – Here’s What Happened

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB) shares were down 1.2% during trading on Thursday . The company traded as low as $17.52 and last traded at $17.52. Approximately 300 shares were traded during trading, a decline of 78% from the average daily volume of 1,382 shares. The stock had previously closed at $17.74.

Northeast Indiana Bancorp Stock Performance

The business has a 50-day moving average of $17.69 and a 200 day moving average of $17.63. The stock has a market cap of $42.02 million, a PE ratio of 9.73 and a beta of 0.42.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last released its earnings results on Tuesday, January 28th. The company reported $0.41 EPS for the quarter.

Northeast Indiana Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were issued a $0.18 dividend. The ex-dividend date was Thursday, February 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.11%. Northeast Indiana Bancorp’s dividend payout ratio (DPR) is presently 40.00%.

About Northeast Indiana Bancorp

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.