First Internet Bancorp – Fixed- (INBKZ) to Distribute Quarterly Dividend of $0.53 on December 30th

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) declared a quarterly dividend on Tuesday, November 10th. Stockholders of record on Sunday, November 15th will be given a dividend of $0.5282 per share on Wednesday, December 30th. This represents a $2.11 dividend on an annualized basis and a dividend 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- Stock Down 3.8%

NASDAQ INBKZ opened at $25.44 on Wednesday. First Internet Bancorp – Fixed- has a 1-year low of $24.12 and a 1-year high of $26.44. The business’s 50-day simple moving average is $25.24 and its 200-day simple moving average is $24.97.

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.