First Internet Bancorp – Fixed- Announces Quarterly Dividend of $0.50 (NASDAQ:INBKZ)

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) declared a quarterly dividend on Friday, January 1st. Shareholders of record on Sunday, February 15th will be paid a dividend of 0.5039 per share on Monday, March 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, February 13th.

First Internet Bancorp – Fixed- Price Performance

Shares of INBKZ stock traded down $0.29 during mid-day trading on Wednesday, hitting $24.56. 3,044 shares of the company’s stock were exchanged, compared to its average volume of 2,455. The stock has a 50-day simple moving average of $24.72 and a two-hundred day simple moving average of $24.73. First Internet Bancorp – Fixed- has a fifty-two week low of $23.00 and a fifty-two week high of $25.45.

First Internet Bancorp – Fixed- Company Profile

First Internet Bancorp is a bank holding company whose primary subsidiary, First Internet Bank of Indiana, operates as a fully digital, branchless bank. Founded in 1999 and headquartered in Fishers, Indiana, the company was among the first to deliver comprehensive banking services exclusively online. It is traded on the NASDAQ under the symbol INBKZ.

The company offers a broad range of deposit products, including interest-bearing checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts.