Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Declares $0.11 Quarterly Dividend

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) announced a quarterly dividend on Wednesday, February 19th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 5th will be paid a dividend of 0.11 per share on Wednesday, March 19th. This represents a $0.44 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Wednesday, March 5th.

Ottawa Bancorp Price Performance

OTCMKTS:OTTW traded up $0.30 during mid-day trading on Thursday, reaching $14.55. 1,428 shares of the company were exchanged, compared to its average volume of 1,150. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.73. Ottawa Bancorp has a 12 month low of $10.82 and a 12 month high of $14.99. The stock has a market cap of $35.21 million, a PE ratio of 46.94 and a beta of 0.35. The company has a fifty day moving average of $14.34 and a 200 day moving average of $14.43.

Ottawa Bancorp (OTCMKTS:OTTW) last released its earnings results on Friday, February 7th. The company reported $0.21 earnings per share (EPS) for the quarter. Ottawa Bancorp had a net margin of 4.35% and a return on equity of 1.83%.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.