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INBK (First Internet Bancorp) Dividend Yield % : 0.57% (As of Dec. 14, 2024)


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What is First Internet Bancorp Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of First Internet Bancorp is 0.57%.

Warning Sign:

First Internet Bancorp stock dividend yield is close to 2-year low.

The historical rank and industry rank for First Internet Bancorp's Dividend Yield % or its related term are showing as below:

INBK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.46   Med: 0.87   Max: 2.31
Current: 0.57

During the past 13 years, the highest Dividend Yield of First Internet Bancorp was 2.31%. The lowest was 0.46%. And the median was 0.87%.

INBK's Dividend Yield % is ranked worse than
97.24% of 1234 companies
in the Banks industry
Industry Median: 3.69 vs INBK: 0.57

First Internet Bancorp's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.08.

During the past 13 years, the highest Dividend Payout Ratio of First Internet Bancorp was 0.31. The lowest was 0.05. And the median was 0.10.

As of today (2024-12-14), the Forward Dividend Yield % of First Internet Bancorp is 0.57%.

First Internet Bancorp's Dividends per Share for the three months ended in Sep. 2024 was $0.06.

During the past 10 years, the average Dividends Per Share Growth Rate was -0.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Internet Bancorp was 2.90% per year. The lowest was -7.20% per year. And the median was -2.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


First Internet Bancorp Dividend Yield % Historical Data

The historical data trend for First Internet Bancorp's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Internet Bancorp Dividend Yield % Chart

First Internet Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.84 0.51 0.99 0.99

First Internet Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 0.99 0.69 0.89 0.70

Competitive Comparison of First Internet Bancorp's Dividend Yield %

For the Banks - Regional subindustry, First Internet 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 Internet Bancorp's Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where First Internet Bancorp's Dividend Yield % falls into.



First Internet Bancorp Dividend Yield % Calculation

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

First Internet Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002024-09-302024-09-302024-10-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0600002024-06-282024-06-282024-07-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0600002024-03-272024-03-282024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0600002023-12-282023-12-292024-01-16Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Internet Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.24/41.12
=0.58 %

Current Share Price is $41.12.
First Internet Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24.

First Internet Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.24/41.12
=0.58 %

Current Share Price is $41.12.
First Internet Bancorp's Dividends per Share for the forward twelve months is calculated as $0.06 * 4 = $0.24.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Internet Bancorp  (NAS:INBK) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


First Internet Bancorp Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Internet Bancorp's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Internet Bancorp Business Description

Traded in Other Exchanges
Address
8701 E. 116th Street, Fishers, IN, USA, 46038
First Internet Bancorp is a bank holding company. Through its subsidiaries, it provides commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The company offers its products and services through the internet and does not have any branches. With operations organized into a single segment called the Commercial Banking segment, it also provides retail banking services.
Executives
Joseph A. Fenech director 8701 E. 116TH STREET, FISHERS IN 46038
Justin P. Christian director 11201 USA PARKWAY, FISHERS IN 46037
David B Becker director, officer: CEO, President, Chairman 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Aasif M. Bade director 11201 USA PARKWAY, FISHERS IN 46037
Nicole S. Lorch officer: SVP, Retail Banking 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Keach John K Jr director C/O HOME FEDERAL BANCORP, 501 WASHINGTON STREET, COLUMBUS IN 47201
Ann C. Dee director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Jerry L. Williams director 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Michael L Smith director C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Ana Dutra director C/O KORN/FERRY INTERNATIONAL, 1900 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
C. Charles Perfetti officer: Senior Vice President 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Kenneth J. Lovik officer: Sr. Vice President and CFO 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Ann D. Murtlow director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Jean L Wojtowicz director C/O VECTREN CORP, 20 NW FOURTH STREET, EVANVILLE IN 47711
David R. Lovejoy director, other: Vice Chairman of the Board 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240