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 various personal products, including checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. Its loan portfolio comprises mortgage loans, such as home purchases, refinances, new construction loans, and home equity/home improvement loans; installment loans consisting of auto loans, personal loans, short term notes, and savings account loans, as well as RV, ATV, and boat loans; and commercial loans, including lines of credit, letters of credit, equipment financing, and construction loans, as well as revolving line of credit, term loans, real estate loans, and small business administration loans. The company also offers debit and credit cards, safe deposit boxes, online banking services, merchant services, and cash management services, as well as treasury management and merchant deposit capture services. In addition, it provides various financial services to individual and corporate clients, including brokerage accounts, retail funds, and wealth management products, as well as insurance products and retirement plans. As of January 28, 2022, the company operated five full-service offices in Huntington; 2 offices in Warsaw; and 2 offices in Fort Wayne, Indiana. Northeast Indiana Bancorp, Inc. was incorporated in 1995 and is headquartered in Huntington, Indiana.
Northeast Indiana Bancorp Dividend Announcement
• Northeast Indiana Bancorp announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-07
• Northeast Indiana Bancorp annual dividend for 2024 was $0.69
• Northeast Indiana Bancorp annual dividend for 2023 was $1.22
• Northeast Indiana Bancorp's trailing twelve-month (TTM) dividend yield is 5.17%
• Northeast Indiana Bancorp's dividend growth over the last five years (2018-2023) was -6.64% year
• Northeast Indiana Bancorp's dividend growth over the last ten years (2013-2023) was 4.78% year
Northeast Indiana Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $0.18 | quarterly | 2024-11-21 |
2024-08-08 | $0.17 | quarterly | 2024-08-22 |
2024-05-08 | $0.17 | quarterly | 2024-05-23 |
2024-02-07 | $0.17 | quarterly | 2024-02-22 |
2023-12-13 | $0.25 | quarterly | 2023-12-28 |
2023-11-08 | $0.17 | quarterly | 2023-11-24 |
2023-08-10 | $0.16 | quarterly | 2023-08-24 |
2023-05-10 | $0.32 | quarterly | 2023-05-25 |
2023-02-15 | $0.32 | quarterly | 2023-03-02 |
2022-12-07 | $1.25 | quarterly | 2022-12-22 |
2022-11-09 | $0.32 | quarterly | 2022-11-25 |
2022-08-10 | $0.30 | quarterly | 2022-08-25 |
2022-05-11 | $0.30 | quarterly | 2022-05-26 |
2022-02-09 | $0.30 | quarterly | 2022-02-24 |
2021-12-08 | $1.25 | quarterly | 2021-12-23 |
2021-11-09 | $0.30 | quarterly | 2021-11-26 |
2021-08-06 | $0.28 | quarterly | 2021-08-23 |
2021-05-12 | $0.28 | quarterly | 2021-05-27 |
2021-02-10 | $0.28 | quarterly | 2021-02-25 |
2020-12-08 | $1.00 | quarterly | 2020-12-23 |
2020-11-10 | $0.28 | quarterly | 2020-11-27 |
2020-08-12 | $0.27 | quarterly | 2020-08-27 |
2020-05-13 | $0.27 | quarterly | 2020-05-28 |
2020-02-12 | $0.27 | quarterly | 2020-02-27 |
2019-12-11 | $0.75 | quarterly | 2019-12-26 |
2019-11-06 | $0.27 | quarterly | 2019-11-21 |
2019-08-06 | $0.25 | quarterly | 2019-08-21 |
2019-05-06 | $0.25 | quarterly | 2019-05-21 |
2019-02-04 | $0.25 | quarterly | 2019-02-19 |
2018-12-06 | $0.75 | quarterly | 2018-12-21 |
2018-11-05 | $0.25 | quarterly | 2018-11-20 |
2018-08-06 | $0.24 | quarterly | 2018-08-21 |
2018-05-07 | $0.24 | quarterly | 2018-05-22 |
2018-02-05 | $0.24 | quarterly | 2018-02-20 |
2017-12-07 | $0.50 | quarterly | 2017-12-22 |
2017-11-06 | $0.24 | quarterly | 2017-11-21 |
2017-08-04 | $0.22 | quarterly | 2017-08-22 |
2017-05-05 | $0.22 | quarterly | 2017-05-23 |
2017-02-03 | $0.22 | quarterly | 2017-02-21 |
2016-12-02 | $0.50 | quarterly | 2016-12-20 |
2016-11-04 | $0.22 | quarterly | 2016-11-22 |
2016-08-05 | $0.21 | quarterly | 2016-08-23 |
2016-05-06 | $0.21 | quarterly | 2016-05-24 |
2016-02-05 | $0.21 | quarterly | 2016-02-23 |
2015-12-07 | $0.50 | quarterly | 2015-12-23 |
2015-11-06 | $0.21 | quarterly | 2015-11-24 |
2015-08-07 | $0.20 | quarterly | 2015-08-25 |
2015-05-11 | $0.20 | quarterly | 2015-05-27 |
2015-02-06 | $0.20 | quarterly | 2015-02-24 |
2014-11-06 | $0.20 | quarterly | 2014-11-25 |
2014-08-01 | $0.20 | quarterly | 2014-08-19 |
2014-05-02 | $0.20 | quarterly | 2014-05-20 |
2014-02-07 | $0.20 | quarterly | 2014-02-25 |
2013-11-07 | $0.20 | quarterly | 2013-11-26 |
2013-08-02 | $0.19 | quarterly | 2013-08-20 |
2013-05-03 | $0.19 | quarterly | 2013-05-21 |
2013-02-08 | $0.19 | quarterly | 2013-02-26 |
Northeast Indiana Bancorp Dividend per year
Northeast Indiana Bancorp Dividend growth
Northeast Indiana Bancorp Dividend Yield
Northeast Indiana Bancorp current trailing twelve-month (TTM) dividend yield is 5.17%. Interested in purchasing Northeast Indiana Bancorp stock? Use our calculator to estimate your expected dividend yield:
Northeast Indiana Bancorp Financial Ratios
Northeast Indiana Bancorp Dividend FAQ
Other factors to consider when evaluating Northeast Indiana 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.
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1. Determination of Dividend: Northeast Indiana 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, Northeast Indiana 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, Northeast Indiana 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 Northeast Indiana 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.
1. Record Date: Northeast Indiana 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, Northeast Indiana 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: Northeast Indiana 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.
To assess the safety of Northeast Indiana 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 Northeast Indiana 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.