Northeast Indiana Bancorp (OTCMKTS:NIDB) Stock Price Down 2.1%

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDBGet Rating)’s stock price fell 2.1% during mid-day trading on Thursday . The company traded as low as $41.60 and last traded at $41.61. 1,266 shares changed hands during mid-day trading, an increase of 1,307% from the average session volume of 90 shares. The stock had previously closed at $42.50.

Northeast Indiana Bancorp Price Performance

The business’s 50 day moving average price is $41.94 and its 200-day moving average price is $43.23. The company has a market cap of $49.93 million, a P/E ratio of 7.63 and a beta of 0.38.

Northeast Indiana Bancorp (OTCMKTS:NIDBGet Rating) last posted its earnings results on Friday, October 21st. The company reported $1.35 earnings per share (EPS) for the quarter. The firm had revenue of $4.77 million during the quarter.

Northeast Indiana Bancorp Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 25th. Investors of record on Thursday, November 10th will be given a $0.32 dividend. This represents a yield of 3.08%. The ex-dividend date is Wednesday, November 9th. This is a boost from Northeast Indiana Bancorp’s previous dividend of $0.30. Northeast Indiana Bancorp’s payout ratio is 23.49%.

About Northeast Indiana Bancorp

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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 various personal products, including checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit.

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