Logansport Financial (OTCMKTS:LOGN) Trading Down 1% – Here’s What Happened

Logansport Financial Corp. (OTCMKTS:LOGN)’s share price traded down 1% on Wednesday . The stock traded as low as $29.75 and last traded at $29.75. 132 shares were traded during trading, a decline of 65% from the average session volume of 374 shares. The stock had previously closed at $30.05.

Logansport Financial Stock Performance

The stock has a market cap of $18.24 million, a price-to-earnings ratio of 14.51 and a beta of 0.26. The company’s 50 day simple moving average is $29.85 and its 200 day simple moving average is $29.54.

Logansport Financial (OTCMKTS:LOGN) last issued its quarterly earnings results on Wednesday, April 16th. The company reported $0.61 earnings per share for the quarter. The company had revenue of $2.11 million during the quarter.

Logansport Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, March 13th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.05%. Logansport Financial’s dividend payout ratio is currently 81.08%.

About Logansport Financial

Logansport Financial Corp. operates as the holding company for Logansport Savings Bank that provides various banking products and services to individuals and businesses in Cass County, Indiana. The company’s personal banking products and services include checking accounts, rite accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, and individual retirement accounts; mortgage, home equity lines of credit, home improvement, construction, commercial buildings, farm, consumer, education, and car loans, as well as loans for single family and multi-family dwellings; and overdraft, and internet and mobile banking services.