Northeast Indiana Bancorp (Northeast Indiana Bancorp) Dividend Payout Ratio : 0.37 (As of Dec. 2023)

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What is Northeast Indiana Bancorp Dividend Payout Ratio?

Northeast Indiana Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.37.

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

NIDB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.27 Max: 0.37
Current: 0.37

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.

NIDB's Dividend Payout Ratio is ranked worse than
52.56% of 1092 companies
in the Banks industry
Industry Median: 0.35 vs NIDB: 0.37

As of today (2024-05-12), the Dividend Yield % of Northeast Indiana Bancorp is 4.48%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Northeast Indiana Bancorp was 4.48%. The lowest was 2.28%. And the median was 2.70%.

Northeast Indiana Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.65.

During the past 12 months, Northeast Indiana Bancorp's average Dividends Per Share Growth Rate was 6.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% 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 6.10% 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 Payout Ratio Historical Data

The historical data trend for Northeast Indiana Bancorp's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Northeast Indiana Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.26

0.23

0.19

0.22

0.37

Northeast Indiana Bancorp Semi-Annual Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.26	0.23	0.19	0.22	0.37

Competitive Comparison of Northeast Indiana Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Northeast Indiana Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Banks Industry

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

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

Northeast Indiana Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Northeast Indiana Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.65	/	1.741
	=	0.37

Northeast Indiana Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.65	/	1.741
	=	0.37

Northeast Indiana Bancorp (OTCPK:NIDB) Dividend Payout Ratio Explanation

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.

Northeast Indiana Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Northeast Indiana Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Northeast Indiana Bancorp (Northeast Indiana Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northeast Indiana Bancorp Inc (OTCPK:NIDB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

648 North Jefferson Street, P.O. Box 70, Huntington, IN, USA, 46750

Website

https://www.firstfedindiana.bank

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