First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Trading Up 0.3% – What’s Next?

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) shares rose 0.3% during mid-day trading on Wednesday . The company traded as high as $25.13 and last traded at $25.13. Approximately 200 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 2,935 shares. The stock had previously closed at $25.05.

First Internet Bancorp – Fixed- Price Performance

The stock has a 50-day moving average price of $24.78 and a 200-day moving average price of $24.66.

First Internet Bancorp – Fixed- Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 15th will be given a $0.5048 dividend. The ex-dividend date of this dividend is Friday, May 15th. This is a boost from First Internet Bancorp – Fixed-‘s previous quarterly dividend of $0.50. This represents a $2.02 annualized dividend and a dividend yield of 8.0%.

About First Internet Bancorp – Fixed-

First Internet Bancorp is a bank holding company whose primary subsidiary, First Internet Bank of Indiana, operates as a fully digital, branchless bank. Founded in 1999 and headquartered in Fishers, Indiana, the company was among the first to deliver comprehensive banking services exclusively online. It is traded on the NASDAQ under the symbol INBKZ.

The company offers a broad range of deposit products, including interest-bearing checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts.