Fidelity D & D Bancorp, Inc. (FDBC) to Issue Quarterly Dividend of $0.40 on March 10th

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) declared a quarterly dividend on Tuesday, January 21st,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.40 per share by the financial services provider on Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend is Friday, February 14th.

Fidelity D & D Bancorp has raised its dividend payment by an average of 7.8% per year over the last three years.

Fidelity D & D Bancorp Price Performance

NASDAQ:FDBC opened at $46.60 on Wednesday. The company has a market capitalization of $267.48 million, a P/E ratio of 12.91 and a beta of 0.59. The business’s 50-day moving average is $47.76 and its 200 day moving average is $49.90. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. Fidelity D & D Bancorp has a 12 month low of $41.00 and a 12 month high of $61.21.

Fidelity D & D Bancorp (NASDAQ:FDBC) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter. Fidelity D & D Bancorp had a return on equity of 10.49% and a net margin of 16.50%.

Insider Buying and Selling at Fidelity D & D Bancorp

In other news, Chairman Brian J. Cali bought 880 shares of the stock in a transaction dated Monday, February 3rd. The stock was purchased at an average price of $44.00 per share, for a total transaction of $38,720.00. Following the acquisition, the chairman now owns 403,439 shares of the company’s stock, valued at $17,751,316. The trade was a 0.22 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 21.00% of the stock is owned by company insiders.

Fidelity D & D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.