Northeast Indiana Bancorp (OTCMKTS:NIDB) Shares Down 4.7%

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB)’s share price was down 4.7% during mid-day trading on Monday . The stock traded as low as $14.25 and last traded at $14.25. Approximately 998 shares traded hands during trading, a decline of 42% from the average daily volume of 1,731 shares. The stock had previously closed at $14.95.

Northeast Indiana Bancorp Price Performance

The stock has a market capitalization of $34.49 million, a price-to-earnings ratio of 6.95 and a beta of 0.38. The firm has a 50 day simple moving average of $14.67 and a 200-day simple moving average of $16.66.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last announced its earnings results on Wednesday, April 24th. The company reported $0.30 earnings per share for the quarter. The business had revenue of $4.32 million during the quarter.

Northeast Indiana Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 23rd. Stockholders of record on Thursday, May 9th were paid a $0.17 dividend. The ex-dividend date was Wednesday, May 8th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.77%. Northeast Indiana Bancorp’s dividend payout ratio (DPR) is presently 33.17%.

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.