Northeast Indiana Bancorp (OTCMKTS:NIDB) Stock Price Down 3.3% – Should You Sell?

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB)’s share price fell 3.3% during trading on Thursday . The company traded as low as $17.41 and last traded at $17.41. 1,225 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 1,202 shares. The stock had previously closed at $18.00.

Northeast Indiana Bancorp Stock Performance

The stock has a 50 day simple moving average of $17.81 and a 200 day simple moving average of $17.44. The firm has a market capitalization of $41.78 million, a PE ratio of 9.67 and a beta of 0.40.

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

Northeast Indiana Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th will be given a $0.18 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.14%. Northeast Indiana Bancorp’s dividend 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.