IF Bancorp, Inc. (IROQ) to Issue Semi-Annual Dividend of $0.20 on October 13th

IF Bancorp, Inc. (NASDAQ:IROQ) announced a Semi-Annual dividend on Tuesday, August 8th, Zacks reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.20 per share by the savings and loans company on Friday, October 13th. This represents a dividend yield of 2.6%. The ex-dividend date is Thursday, September 21st.

IF Bancorp has increased its dividend by an average of 10.9% annually over the last three years and has increased its dividend every year for the last 2 years.

IF Bancorp Price Performance

Shares of IROQ stock opened at $15.51 on Tuesday. The business has a fifty day simple moving average of $15.22 and a 200 day simple moving average of $15.17. The company has a market cap of $51.96 million, a P/E ratio of 10.70 and a beta of 0.54. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.27. IF Bancorp has a twelve month low of $13.75 and a twelve month high of $20.39.

Institutional Trading of IF Bancorp

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its holdings in shares of IF Bancorp by 1,925.4% during the second quarter. BlackRock Inc. now owns 17,297 shares of the savings and loans company’s stock worth $250,000 after buying an additional 16,443 shares in the last quarter. Geode Capital Management LLC increased its holdings in IF Bancorp by 18.1% in the 2nd quarter. Geode Capital Management LLC now owns 24,565 shares of the savings and loans company’s stock worth $355,000 after purchasing an additional 3,771 shares in the last quarter. Finally, Stilwell Value LLC increased its holdings in IF Bancorp by 62.9% in the 1st quarter. Stilwell Value LLC now owns 48,695 shares of the savings and loans company’s stock worth $757,000 after purchasing an additional 18,798 shares in the last quarter. Institutional investors and hedge funds own 23.76% of the company’s stock.

IF Bancorp Company Profile

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.