First Interstate Bancsystem Inc. Announces Quarterly Dividend of $0.14 (FIBK)
First Interstate Bancsystem (NASDAQ:FIBK) declared a quarterly dividend on Tuesday, October 22nd, AnalystRatings.NET reports. Stockholders of record on Friday, November 1st will be given a dividend of $0.14 per share on Friday, November 15th. This represents a $0.56 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Wednesday, October 30th.
A number of research firms have recently commented on FIBK. Analysts at Barclays raised their price target on shares of First Interstate Bancsystem from $22.00 to $26.00 in a research note to investors on Thursday, July 25th. Analysts at Keefe, Bruyette & Woods raised their price target on shares of First Interstate Bancsystem from $18.00 to $23.00 in a research note to investors on Wednesday, July 24th.
Shares of First Interstate Bancsystem (NASDAQ:FIBK) traded up 1.20% on Tuesday, hitting $25.21. 89,598 shares of the company’s stock traded hands. First Interstate Bancsystem has a one year low of $13.38 and a one year high of $24.67. The stock’s 50-day moving average is $23.67 and its 200-day moving average is $20.89. The company has a market cap of $1.105 billion and a price-to-earnings ratio of 14.91.
First Interstate BancSystem, Inc is a bank holding company. The Company through its wholly owned bank subsidiary, First Interstate Bank (NASDAQ:FIBK), it delivers a range of banking products and services to individuals, businesses, municipalities and other entities throughout Montana, Wyoming and western South Dakota.
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