Ottawa Bancorp, Inc. Plans Quarterly Dividend of $0.11 (OTCMKTS:OTTW)

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) announced a quarterly dividend on Wednesday, August 21st, NASDAQ reports. Stockholders of record on Wednesday, September 4th will be given a dividend of 0.11 per share on Wednesday, September 18th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date is Wednesday, September 4th.

Ottawa Bancorp Stock Performance

Ottawa Bancorp stock opened at $14.31 on Monday. Ottawa Bancorp has a 1-year low of $10.55 and a 1-year high of $14.50. The company’s 50-day moving average is $13.43 and its 200 day moving average is $12.04. The firm has a market capitalization of $36.21 million, a P/E ratio of 23.85 and a beta of 0.37. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.14.

Ottawa Bancorp (OTCMKTS:OTTW) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.08) earnings per share (EPS) for the quarter. Ottawa Bancorp had a return on equity of 1.81% and a net margin of 4.46%. The business had revenue of $2.51 million for the quarter.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.