Northeast Indiana Bancorp Dividend
Dividend criteria checks 4/6
Northeast Indiana Bancorp is a dividend paying company with a current yield of 6.5% that is well covered by earnings.
Key information
6.5%
Dividend yield
42%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.58 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (NIDB) | 6.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Banks) | 2.9% |
Analyst forecast in 3 Years (NIDB) | n/a |
Notable Dividend: NIDB's dividend (6.5%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: NIDB's dividend (6.5%) is in the top 25% of dividend payers in the US market (4.71%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.6%), 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.