Northeast Indiana Bancorp (OTCMKTS:NIDB) Stock Price Down 3.3% – Should You Sell?

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB)’s stock price fell 3.3% on Thursday . The stock traded as low as $17.41 and last traded at $17.41. 1,225 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 1,202 shares. The stock had previously closed at $18.00.

Northeast Indiana Bancorp Stock Performance

The firm has a fifty day simple moving average of $17.81 and a two-hundred day simple moving average of $17.44. The stock has a market cap of $41.78 million, a PE ratio of 9.67 and a beta of 0.40.

Northeast Indiana Bancorp (OTCMKTS:NIDB) last released its quarterly earnings results on Tuesday, January 28th. The company reported $0.41 earnings per share for the quarter.

Northeast Indiana Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, February 13th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.14%. Northeast Indiana Bancorp’s dividend payout ratio is 40.00%.

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.