Northeast Indiana Bancorp (OTCMKTS:NIDB) Trading 0.6% Higher – Time to Buy?

Northeast Indiana Bancorp, Inc. (OTCMKTS:NIDB)’s stock price was up 0.6% on Monday . The company traded as high as $17.70 and last traded at $17.70. Approximately 111 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 1,136 shares. The stock had previously closed at $17.60.

Northeast Indiana Bancorp Stock Up 0.6 %

The company’s 50 day simple moving average is $17.59 and its two-hundred day simple moving average is $17.75. The company has a market capitalization of $42.44 million, a price-to-earnings ratio of 9.83 and a beta of 0.18.

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

Northeast Indiana Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 4.07%. The ex-dividend date was Thursday, February 13th. Northeast Indiana Bancorp’s 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.