First Internet Bancorp – Fixed- (INBKZ) to Issue Quarterly Dividend of $0.50 on March 30th

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) declared a quarterly dividend on Friday, January 1st. Shareholders of record on Sunday, February 15th will be given a dividend of 0.5039 per share on Monday, March 30th. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Friday, February 13th.

First Internet Bancorp – Fixed- Stock Down 0.7%

Shares of INBKZ traded down $0.17 during mid-day trading on Wednesday, hitting $24.69. 9,667 shares of the stock were exchanged, compared to its average volume of 2,715. The firm has a 50-day moving average of $24.72 and a two-hundred day moving average of $24.73. First Internet Bancorp – Fixed- has a 52-week low of $23.00 and a 52-week high of $25.45.

About First Internet Bancorp – Fixed-

First Internet Bancorp is a bank holding company whose primary subsidiary, First Internet Bank of Indiana, operates as a fully digital, branchless bank. Founded in 1999 and headquartered in Fishers, Indiana, the company was among the first to deliver comprehensive banking services exclusively online. It is traded on the NASDAQ under the symbol INBKZ.

The company offers a broad range of deposit products, including interest-bearing checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts.