Friday, June 18th, 2021

NEIB announces quarterly cash dividend

Posted: Friday, August 3, 2018

Northeast Indiana Bancorp, Inc., (OTCQB: NIDB), the parent company of First Federal Savings Bank, has announced that the corporation will pay a cash dividend of $0.24 per common share. The dividend will be payable on August 21, 2018 to shareholders of record on August 7, 2018.

The book value of NIDB’s stock was $30.13 per common share as of June 30, 2018. The last reported trade of stock at the close of business on July 23, 2018 was $37.75 per common share and the number of outstanding shares was 1,206,327 as of the same date. The annualized dividend yield is currently 2.5% when annualizing the current quarter cash dividend of $0.24 per common share against the July 23, 2018 closing price of $37.75 per common share.

Northeast Indiana Bancorp, Inc. is headquartered at 648 N. Jefferson Street, Huntington. The company offers a full array of banking and financial brokerage services to its customers through its main office in Huntington and five full-service Indiana offices in Huntington (2), Warsaw and Fort Wayne(2). The Company is traded on the OTC Markets Group, Inc. ( utilizing the OTCQB platform under the symbol “NIDB.” Our web site address is