Richmond Mutual Bancorporation, Inc. (RMBI) to Issue Quarterly Dividend of $0.15 on March 11th

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBIGet Free Report) declared a quarterly dividend on Wednesday, February 11th. Investors of record on Wednesday, February 25th will be paid a dividend of 0.15 per share on Wednesday, March 11th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Wednesday, February 25th.

Richmond Mutual Bancorporation has increased its dividend by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 1 years.

Richmond Mutual Bancorporation Trading Up 0.1%

NASDAQ RMBI opened at $14.11 on Monday. The firm has a market capitalization of $147.45 million, a P/E ratio of 12.06 and a beta of 0.28. The firm’s fifty day moving average price is $14.13 and its two-hundred day moving average price is $14.02. Richmond Mutual Bancorporation has a 1 year low of $11.37 and a 1 year high of $15.24.

Richmond Mutual Bancorporation (NASDAQ:RMBIGet Free Report) last issued its earnings results on Thursday, January 22nd. The company reported $0.35 earnings per share (EPS) for the quarter. Richmond Mutual Bancorporation had a net margin of 12.73% and a return on equity of 8.61%. The company had revenue of $13.06 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Richmond Mutual Bancorporation in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

View Our Latest Stock Report on RMBI

Richmond Mutual Bancorporation Company Profile

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Richmond Mutual Bancorporation is the bank holding company for The Richmond Savings Bank, a mutual savings institution chartered in New Hampshire. Through its subsidiary, the company offers a full range of deposit and loan products to individuals, families and small businesses. Its core services include checking and savings accounts, money market accounts, certificates of deposit and consumer lending solutions such as residential mortgages, home equity lines of credit and personal installment loans.

See Also

Dividend History for Richmond Mutual Bancorporation (NASDAQ:RMBI)

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