Northeast Indiana Bancorp (OTCMKTS:NIDB) Trading 2.4% Higher

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB) shot up 2.4% on Wednesday . The stock traded as high as $16.95 and last traded at $16.95. 100 shares changed hands during trading, a decline of 92% from the average session volume of 1,223 shares. The stock had previously closed at $16.55.

Northeast Indiana Bancorp Trading Up 2.4 %

The company has a market cap of $41.19 million, a P/E ratio of 7.58 and a beta of 0.35. The business’s 50 day simple moving average is $17.51 and its 200 day simple moving average is $18.14.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last posted its quarterly earnings results on Tuesday, January 23rd. The company reported $0.31 EPS for the quarter. The business had revenue of $4.49 million for the quarter.

Northeast Indiana Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Thursday, February 8th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 4.01%. The ex-dividend date was Wednesday, February 7th. Northeast Indiana Bancorp’s payout ratio is currently 30.43%.

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.