Northeast Indiana Bancorp Dividends and Buybacks
Dividend criteria checks 4/6
Northeast Indiana Bancorp is a dividend paying company with a current yield of 5.19% that is well covered by earnings.
Key information
5.2%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.930 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NIDB's dividend payments have been volatile in the past 10 years.
Growing Dividend: NIDB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Northeast Indiana Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NIDB) | 5.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (NIDB) (up to 3 years) | n/a |
Notable Dividend: NIDB's dividend (5.19%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: NIDB's dividend (5.19%) is in the top 25% of dividend payers in the US market (4.26%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), NIDB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.