First Capital, Inc. Announces Quarterly Dividend of $0.26 (NASDAQ:FCAP)

First Capital, Inc. (NASDAQ:FCAPGet Rating) announced a quarterly dividend on Tuesday, November 22nd, Zacks reports. Stockholders of record on Friday, December 16th will be paid a dividend of 0.26 per share by the savings and loans company on Friday, December 30th. This represents a $1.04 annualized dividend and a dividend yield of 4.30%. The ex-dividend date is Thursday, December 15th.

First Capital has raised its dividend by an average of 4.2% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

First Capital Stock Performance

Shares of First Capital stock traded up $0.10 on Thursday, hitting $24.17. The company had a trading volume of 3,243 shares, compared to its average volume of 1,501. The stock has a market capitalization of $81.45 million, a price-to-earnings ratio of 7.26 and a beta of 0.22. First Capital has a 1 year low of $23.44 and a 1 year high of $42.94. The stock has a 50 day moving average of $25.24 and a 200-day moving average of $28.43.

Institutional Trading of First Capital

A number of institutional investors and hedge funds have recently modified their holdings of FCAP. Millennium Management LLC increased its position in shares of First Capital by 7.7% during the second quarter. Millennium Management LLC now owns 41,914 shares of the savings and loans company’s stock valued at $1,135,000 after acquiring an additional 2,996 shares during the last quarter. State Street Corp increased its position in First Capital by 10.6% in the first quarter. State Street Corp now owns 9,576 shares of the savings and loans company’s stock worth $370,000 after buying an additional 920 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in First Capital by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 19,933 shares of the savings and loans company’s stock worth $512,000 after buying an additional 683 shares during the last quarter. 10.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on First Capital in a research report on Monday. They set a “hold” rating for the company.

About First Capital

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First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.

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Dividend History for First Capital (NASDAQ:FCAP)

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