IF Bancorp, Inc. (IROQ) to Issue Quarterly Dividend of $0.20 on April 15th

IF Bancorp, Inc. (NASDAQ:IROQ) declared a quarterly dividend on Tuesday, February 11th, RTT News reports. Investors of record on Friday, March 21st will be given a dividend of 0.20 per share by the savings and loans company on Tuesday, April 15th. This represents a $0.80 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Friday, March 21st. This is a 300.0% increase from IF Bancorp’s previous quarterly dividend of $0.05.

IF Bancorp has raised its dividend by an average of 7.2% annually over the last three years.

IF Bancorp Trading Up 1.5 %

Shares of IF Bancorp stock opened at $24.71 on Wednesday. IF Bancorp has a 12-month low of $14.85 and a 12-month high of $25.00. The company has a 50-day simple moving average of $24.00 and a 200 day simple moving average of $22.14. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $82.81 million, a P/E ratio of 26.56 and a beta of 0.47.

IF Bancorp (NASDAQ:IROQ) last issued its quarterly earnings data on Thursday, January 30th. The savings and loans company reported $0.38 EPS for the quarter. IF Bancorp had a net margin of 6.18% and a return on equity of 3.97%.

IF Bancorp Company Profile

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.