MutualFirst Financial, Inc. (NASDAQ:MFSF) announced a quarterly dividend on Friday, February 23rd, Wall Street Journal reports. Stockholders of record on Friday, March 9th will be given a dividend of 0.18 per share by the bank on Friday, March 23rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, March 8th.
MutualFirst Financial (NASDAQ:MFSF) traded down $0.45 on Wednesday, hitting $35.90. The stock had a trading volume of 318 shares, compared to its average volume of 5,686. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.01 and a quick ratio of 1.01. MutualFirst Financial has a twelve month low of $30.75 and a twelve month high of $40.50. The firm has a market capitalization of $270.45, a PE ratio of 22.16, a P/E/G ratio of 3.09 and a beta of 0.24.
MutualFirst Financial (NASDAQ:MFSF) last posted its earnings results on Friday, February 2nd. The bank reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.03). The firm had revenue of $17.04 million for the quarter, compared to analyst estimates of $17.20 million. MutualFirst Financial had a return on equity of 9.78% and a net margin of 16.00%. equities research analysts forecast that MutualFirst Financial will post 2.37 earnings per share for the current fiscal year.
In related news, insider Charles J. Viater sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $39.05, for a total value of $39,050.00. Following the sale, the insider now owns 182,937 shares of the company’s stock, valued at approximately $7,143,689.85. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jerry Dean Mcvicker sold 1,621 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $39.25, for a total value of $63,624.25. Following the completion of the sale, the director now directly owns 36,550 shares in the company, valued at approximately $1,434,587.50. The disclosure for this sale can be found here. Insiders have sold a total of 5,621 shares of company stock worth $211,227 in the last three months. Corporate insiders own 11.30% of the company’s stock.
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About MutualFirst Financial
MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.
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