company-logo

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity and improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities. In addition, it offers corporate credit card and treasury management services. The company provides its services through its firstib.com Website. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.

First Internet Bancorp Dividend Announcement

First Internet Bancorp announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
First Internet Bancorp annual dividend for 2024 was $0.18
First Internet Bancorp annual dividend for 2023 was $0.24
First Internet Bancorp's trailing twelve-month (TTM) dividend yield is 0.57%
First Internet Bancorp's payout ratio for the trailing twelve months (TTM) is 9.57%

First Internet Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30$0.06quarterly2024-10-15
2024-06-28$0.06quarterly2024-07-15
2024-03-27$0.06quarterly2024-04-15
2023-12-28$0.06quarterly2024-01-16
2023-09-28$0.06quarterly2023-10-16
2023-06-29$0.06quarterly2023-07-17
2023-03-30$0.06quarterly2023-04-17
2022-12-29$0.06quarterly2023-01-17
2022-09-29$0.06quarterly2022-10-17
2022-06-30$0.06quarterly2022-07-15
2022-03-30$0.06quarterly2022-04-18
2021-12-30$0.06quarterly2022-01-18
2021-09-29$0.06quarterly2021-10-15
2021-06-30$0.06quarterly2021-07-15
2021-03-30$0.06quarterly2021-04-15
2020-12-30$0.06quarterly2021-01-15
2020-09-30$0.06quarterly2020-10-15
2020-06-29$0.06quarterly2020-07-15
2020-03-30$0.06quarterly2020-04-15
2019-12-30$0.06quarterly2020-01-15
2019-09-27$0.06quarterly2019-10-15
2019-06-27$0.06quarterly2019-07-15
2019-03-28$0.06quarterly2019-04-15
2018-12-28$0.06quarterly2019-01-15
2018-09-27$0.06quarterly2018-10-15
2018-06-28$0.06quarterly2018-07-16
2018-03-28$0.06quarterly2018-04-16
2017-12-28$0.06quarterly2018-01-16
2017-09-28$0.06quarterly2017-10-16
2017-06-28$0.06quarterly2017-07-17
2017-03-29$0.06quarterly2017-04-17
2016-12-28$0.06quarterly2017-01-17
2016-09-28$0.06quarterly2016-10-17
2016-06-28$0.06quarterly2016-07-15
2016-03-29$0.06quarterly2016-04-15
2015-12-29$0.06quarterly2016-01-15
2015-09-28$0.06quarterly2015-10-15
2015-06-26$0.06quarterly2015-07-15
2015-03-27$0.06quarterly2015-04-15
2014-12-29$0.06quarterly2015-01-15
2014-09-26$0.06quarterly2014-10-15
2014-06-26$0.06quarterly2014-07-15
2014-03-27$0.06quarterly2014-04-15
2013-12-27$0.06quarterly2014-01-15
2013-10-03$0.06quarterly2013-10-15
2013-06-27$0.06quarterly2013-07-15
2013-03-27$0.06quarterly2013-04-15

First Internet Bancorp Dividend per year

First Internet Bancorp Dividend growth

First Internet Bancorp Dividend Yield

First Internet Bancorp current trailing twelve-month (TTM) dividend yield is 0.57%. Interested in purchasing First Internet Bancorp stock? Use our calculator to estimate your expected dividend yield:

First Internet Bancorp Financial Ratios

P/E ratio16.61
PEG ratio2.72
P/B ratio0.95
ROE5.94%
Payout ratio9.57%
Current ratio0.39
Quick ratio0.39
Cash Ratio0.00

First Internet Bancorp Dividend FAQ

How much is the next First Internet Bancorp dividend?
First Internet Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next First Internet Bancorp dividend. The next First Internet Bancorp dividend will be released in March, June, September, or December.
When is First Internet Bancorp dividend paid?
First Internet Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does First Internet Bancorp pay?
The specific amount of First Internet Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find First Internet Bancorp's dividend history.
Does First Internet Bancorp stock pay dividends?
Yes, First Internet Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find First Internet Bancorp's dividend history.
How much dividend does First Internet Bancorp pay?
First Internet Bancorp paid $0.18 in 2024, $0.24 in 2023, $0.24 in 2022, $0.24 in 2021, and $0.24 in 2020.
How often does First Internet Bancorp pay dividends?
First Internet Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is First Internet Bancorp's dividend yield?
The current dividend yield for First Internet Bancorp is 0.57%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate First Internet Bancorp's exact dividend yield.
When does First Internet Bancorp go ex dividend?
First Internet Bancorp's ex-dividend date for the latest dividend was on 2024-09-30. First Internet Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next First Internet Bancorp dividend paid?
First Internet Bancorp pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will First Internet Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether First Internet Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is First Internet Bancorp dividend per share?
First Internet Bancorp paid $0.18 per share in 2024 and $0.24 per share in 2023. The amount of dividend per share that First Internet Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is First Internet Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is First Internet Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is First Internet Bancorp a dividend stock?
Yes, First Internet Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is First Internet Bancorp a good dividend stock?
Whether First Internet Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. First Internet Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating First Internet Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does First Internet Bancorp pay dividends monthly?
First Internet Bancorp typically pays dividends on a quarterly basis.
Does First Internet Bancorp pay dividends quarterly?
First Internet Bancorp currently pays dividends on a quarterly basis.
Has First Internet Bancorp ever paid a dividend?
Yes, First Internet Bancorp has a history of paying dividends to its shareholders. First Internet Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy First Internet Bancorp dividend stocks?
To buy First Internet Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy First Internet Bancorp stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does First Internet Bancorp pay dividends 2024?
First Internet Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will First Internet Bancorp increase its dividend in 2024?
Decisions regarding First Internet Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date First Internet Bancorp dividend overview you can look into the above table of dividend history.
How First Internet Bancorp dividend works?
The First Internet Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how First Internet Bancorp's dividend process works:

1. Determination of Dividend: First Internet Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, First Internet Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, First Internet Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from First Internet Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are First Internet Bancorp dividends paid?
First Internet Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: First Internet Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, First Internet Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: First Internet Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does First Internet Bancorp pay dividends?
First Internet Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does First Internet Bancorp pay dividends?
The general pattern is that First Internet Bancorp pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is First Internet Bancorp dividend safe?
The safety of First Internet Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of First Internet Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review First Internet Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.