First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Trading 0.3% Higher – What’s Next?

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) shares traded up 0.3% during mid-day trading on Thursday . The company traded as high as $25.00 and last traded at $25.10. 940 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 2,668 shares. The stock had previously closed at $25.02.

First Internet Bancorp – Fixed- Stock Performance

The business’s 50-day moving average price is $24.99 and its two-hundred day moving average price is $24.73.

First Internet Bancorp – Fixed- Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.5048 per share. This is a positive change from First Internet Bancorp – Fixed-‘s previous quarterly dividend of $0.50. The ex-dividend date is Friday, May 15th. This represents a $2.02 dividend on an annualized basis and a yield of 8.0%.

About First Internet Bancorp – Fixed-

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.