Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Plans $0.38 Quarterly Dividend

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) declared a quarterly dividend on Wednesday, April 17th, Zacks reports. Shareholders of record on Monday, May 20th will be given a dividend of 0.38 per share by the financial services provider on Monday, June 10th. This represents a $1.52 annualized dividend and a yield of 3.32%. The ex-dividend date is Friday, May 17th.

Fidelity D & D Bancorp has increased its dividend by an average of 8.6% annually over the last three years and has raised its dividend annually for the last 9 consecutive years.

Fidelity D & D Bancorp Stock Performance

NASDAQ FDBC opened at $45.73 on Friday. The stock has a market capitalization of $265.69 million, a PE ratio of 14.34 and a beta of 0.64. The business has a 50 day simple moving average of $47.77 and a two-hundred day simple moving average of $49.70. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.78 and a quick ratio of 0.78. Fidelity D & D Bancorp has a 1-year low of $35.51 and a 1-year high of $60.85.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its quarterly earnings results on Wednesday, January 24th. The financial services provider reported $0.97 earnings per share for the quarter. The business had revenue of $12.96 million during the quarter. Fidelity D & D Bancorp had a return on equity of 13.16% and a net margin of 17.30%.

Insider Transactions at Fidelity D & D Bancorp

In related news, Chairman Brian J. Cali bought 1,250 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was purchased at an average price of $46.96 per share, for a total transaction of $58,700.00. Following the acquisition, the chairman now owns 390,709 shares in the company, valued at $18,347,694.64. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In other Fidelity D & D Bancorp news, Chairman Brian J. Cali acquired 1,250 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was bought at an average price of $46.96 per share, for a total transaction of $58,700.00. Following the acquisition, the chairman now directly owns 390,709 shares in the company, valued at $18,347,694.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Eugene J. Walsh sold 545 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $49.47, for a total value of $26,961.15. Following the transaction, the chief operating officer now owns 13,735 shares of the company’s stock, valued at approximately $679,470.45. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,486 shares of company stock worth $73,067. 21.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fidelity D & D Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Rhumbline Advisers raised its position in Fidelity D & D Bancorp by 5.4% during the 3rd quarter. Rhumbline Advisers now owns 4,844 shares of the financial services provider’s stock valued at $220,000 after purchasing an additional 250 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Fidelity D & D Bancorp by 1.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 19,715 shares of the financial services provider’s stock valued at $958,000 after purchasing an additional 273 shares during the last quarter. Creative Planning grew its stake in Fidelity D & D Bancorp by 0.7% during the 4th quarter. Creative Planning now owns 40,796 shares of the financial services provider’s stock valued at $2,367,000 after purchasing an additional 276 shares during the last quarter. Geode Capital Management LLC grew its stake in Fidelity D & D Bancorp by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 41,867 shares of the financial services provider’s stock valued at $1,973,000 after purchasing an additional 320 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in Fidelity D & D Bancorp by 7.8% during the 2nd quarter. Renaissance Technologies LLC now owns 8,300 shares of the financial services provider’s stock valued at $403,000 after purchasing an additional 600 shares during the last quarter. 20.05% of the stock is owned by institutional investors.

About Fidelity D & D Bancorp

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.