First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Dividend Yield % : 2.25% (As of May. 05, 2024)

First Federal of Northern Michigan Bancorp Dividend Yield % Chart

First Federal of Northern Michigan Bancorp Annual Data
	Trend	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16
Dividend Yield %		Get a 7-Day Free Trial					-	0.37	1.46	1.66	2.09

First Federal of Northern Michigan Bancorp Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Dividend Yield %	Get a 7-Day Free Trial															2.20	2.09	2.05	2.13	2.25

Competitive Comparison of First Federal of Northern Michigan Bancorp's Dividend Yield %

For the Banks - Regional subindustry, First Federal of Northern Michigan Bancorp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Federal of Northern Michigan Bancorp's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Federal of Northern Michigan Bancorp's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Federal of Northern Michigan Bancorp's Dividend Yield % falls into.

First Federal of Northern Michigan Bancorp Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

First Federal of Northern Michigan Bancorp  (OTCPK:FFNM) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

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First Federal of Northern Michigan Bancorp Dividend Yield % Related Terms

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First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Business Description