First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Raises Dividend to $0.53 Per Share

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) declared a quarterly dividend on Thursday, November 5th. Shareholders of record on Sunday, November 15th will be paid a dividend of $0.5282 per share on Wednesday, December 30th. This represents a $2.11 annualized dividend and a yield of 8.3%. The ex-dividend date is Friday, November 13th. This is a 4.2% increase from First Internet Bancorp – Fixed-‘s previous quarterly dividend of $0.5067.

First Internet Bancorp – Fixed- Price Performance

Shares of First Internet Bancorp – Fixed- stock traded up $0.05 during midday trading on Thursday, hitting $25.37. 303 shares of the company were exchanged, compared to its average volume of 3,298. The firm has a 50 day simple moving average of $25.23 and a 200-day simple moving average of $24.96. First Internet Bancorp – Fixed- has a 52 week low of $24.12 and a 52 week high of $25.64.

About First Internet Bancorp – Fixed-

First Internet Bancorp is the bank holding company for First Internet Bank, an Indiana-chartered, FDIC-insured bank that serves customers primarily through digital channels. Founded in 1999, First Internet Bank was an early U.S. bank to operate entirely online, without a traditional branch network.

The bank offers deposit accounts and lending services to consumers and businesses. Its offerings include commercial banking and real estate lending, small-business financing, equipment financing, and personal banking products.