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

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB) was down 1.2% during trading on Thursday . The stock 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 Trading Down 1.2 %

The stock’s 50 day moving average price is $17.69 and its two-hundred day moving average price is $17.63. The firm has a market capitalization of $42.02 million, a price-to-earnings ratio of 9.73 and a beta of 0.42.

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

Northeast Indiana Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend was Thursday, February 13th. Northeast Indiana Bancorp’s payout ratio is currently 40.00%.

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.