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Northeast Indiana Bancorp (Northeast Indiana Bancorp) Dividend Yield %

: 3.94% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Northeast Indiana Bancorp is 3.94%.

Good Sign:

Northeast Indiana Bancorp Inc stock dividend yield is close to 10-year high.

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

NIDB' s Dividend Yield % Range Over the Past 10 Years
Min: 2.28   Med: 2.7   Max: 4.15
Current: 3.94

During the past 13 years, the highest Dividend Yield of Northeast Indiana Bancorp was 4.15%. The lowest was 2.28%. And the median was 2.70%.

NIDB's Dividend Yield % is ranked worse than
51.79% of 1201 companies
in the Banks industry
Industry Median: 4.03 vs NIDB: 3.94

Northeast Indiana Bancorp's Dividend Payout Ratio for the six months ended in Dec. 2022 was 0.22.

During the past 13 years, the highest Dividend Payout Ratio of Northeast Indiana Bancorp was 0.37. The lowest was 0.19. And the median was 0.27.

As of today (2024-04-19), the Forward Dividend Yield % of Northeast Indiana Bancorp is 3.94%.

Northeast Indiana Bancorp's Dividends per Share for the six months ended in Dec. 2022 was $0.61.

During the past 12 months, Northeast Indiana Bancorp's average Dividends Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northeast Indiana Bancorp was 66.50% per year. The lowest was 1.30% per year. And the median was 6.15% per year.

The growth rate is calculated with least square regression.

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


Northeast Indiana Bancorp Dividend Yield % Historical Data

The historical data trend for Northeast Indiana 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.

Northeast Indiana Bancorp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.62 2.54 2.73 2.43 2.84

Northeast Indiana Bancorp Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 2.62 2.54 2.73 2.43 2.84

Competitive Comparison

For the Banks - Regional subindustry, Northeast Indiana 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.


Northeast Indiana Bancorp Dividend Yield % Distribution

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

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



Northeast Indiana Bancorp Dividend Yield % Calculation

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

Northeast Indiana Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1702024-02-072024-02-082024-02-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-11-082023-11-092023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-08-102023-08-112023-08-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-05-102023-05-112023-05-25Cash 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.

Northeast Indiana Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.66/16.75
=3.94 %

Current Share Price is $16.75.
Northeast Indiana Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.66.

Northeast Indiana Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.68/16.75
=4.06 %

Current Share Price is $16.75.
Northeast Indiana Bancorp's Dividends per Share for the forward twelve months is calculated as $0.17 * 4 = $0.68.

* 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.


Northeast Indiana Bancorp  (OTCPK:NIDB) 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.


Northeast Indiana Bancorp Dividend Yield % Related Terms

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Northeast Indiana Bancorp (Northeast Indiana Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
648 North Jefferson Street, P.O. Box 70, Huntington, IN, USA, 46750
Northeast Indiana Bancorp Inc is a part of the financial services domain. It acts as the holding company for First Federal Savings Bank, which provides commercial and residential real estate loans in the United States. The bank functions through the Residential Mortgage, Commercial Mortgage, Construction and land development, Commercial and Industrial, and Consumer Mortgage segments. The Commercial Mortgage segment accounts for a share of the company revenues. It provides services such as checking, commercial loans, credit cards, merchant services and cash management.
Executives
Dan L Stephan director
Randy J Sizemore officer: Senior Vice President P O BOX 70, HUNTINGTON IN 46750
Michael S Zahn director, officer: Senior Vice President 708 APPLEBY COURT, HUNTINGTON IN 46750
Thomas P Frantz officer: Senior Vice President 648 N JEFFERSON STREET, HUNTINGTON IN 46750
Randall C Rider director
J David Carnes director
Dee Ann Hammel officer: Senior Vice President 3102 ALSTON CT, HUNTINGTON IN 46750
Stephen E Zahn director, 10 percent owner, officer: Chairman, President & CEO 648 NORTH JEFFERSON STREET, HUNTINGTON IN 46750
William A Zimmer director