Fidelity D&D Bancorp Inc. to Issue Quarterly Dividend of $0.43 (NASDAQ:FDBC)

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) declared a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Friday, August 14th will be paid a dividend of 0.43 per share by the financial services provider on Thursday, September 10th. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date is Friday, August 14th.

Fidelity D&D Bancorp has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 10 consecutive years.

Fidelity D&D Bancorp Price Performance

Fidelity D&D Bancorp stock opened at $51.35 on Thursday. The business has a 50-day simple moving average of $49.14 and a 200 day simple moving average of $46.26. The stock has a market cap of $298.34 million, a price-to-earnings ratio of 10.03 and a beta of 0.83. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.02. Fidelity D&D Bancorp has a 52 week low of $39.00 and a 52 week high of $53.51.

Fidelity D&D Bancorp (NASDAQ:FDBC) last announced its earnings results on Wednesday, July 22nd. The financial services provider reported $1.33 earnings per share (EPS) for the quarter. Fidelity D&D Bancorp had a net margin of 20.78% and a return on equity of 12.75%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Fidelity D&D Bancorp in a report on Friday, July 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Fidelity D&D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is the bank holding company for Fidelity Deposit & Discount Bank, a New York–chartered community bank headquartered in Melville, New York. Through its banking subsidiary, the company offers a broad range of deposit and lending products designed to meet the needs of individuals, small businesses and commercial clients throughout Long Island’s Nassau and Suffolk counties.

On the deposit side, Fidelity Deposit & Discount Bank provides traditional checking and savings accounts, money market accounts and certificates of deposit.