Friday, February 26th, 2021

Northeast Indiana Bancorp announces dividends

Posted: Friday, August 1, 2014

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 $0.195 per common share. The dividend will be payable on August 19, 2014 to shareholders of record on August 5, 2014.

The book value of NIDB’s stock was $24.19 per common share as of June 30, 2014. The last reported trade of stock at the close of business on July 22, 2014 was $22.80 per common share and the number of outstanding shares was 1,205,279 as of the same date. The annualized dividend yield is currently 3.4% when annualizing the current quarter cash dividend of $0.195 per common share against the July 22, 2014 closing price of $22.80 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