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NORTHEAST INDIANA BANCORP, INC. INCREASES QUARTERLY CASH DIVIDEND
Prnewswireยท2025-10-29 15:24

Core Points - Northeast Indiana Bancorp, Inc. has announced a cash dividend increase of $0.01 per share, or 5.56%, marking the 31st consecutive year of dividend increases [1] - The new cash dividend is set at $0.19 per common share per quarter, with an annualized dividend yield of 3.80% based on a closing price of $20.00 per share [1] - The dividend will be payable on November 28, 2025, to shareholders of record on November 13, 2025 [1] - As of September 30, 2025, the book value of NIDB's stock was $22.37 per common share, with 2,376,066 shares outstanding [1] Company Overview - Northeast Indiana Bancorp, Inc. is headquartered in Huntington, Indiana, and operates nine full-service banking offices across the state [2] - The company provides a comprehensive range of banking and financial brokerage services [2] - It is traded on the OTC Markets Group under the symbol "NIDB" [2]