{"id":388112,"date":"2020-11-24T16:23:31","date_gmt":"2020-11-24T21:23:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388112"},"modified":"2020-11-24T16:23:31","modified_gmt":"2020-11-24T21:23:31","slug":"northeast-indiana-bancorp-inc-announces-1-00-special-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-1-00-special-cash-dividend\/","title":{"rendered":"Northeast Indiana Bancorp, Inc. Announces $1.00 Special Cash Dividend"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n HUNTINGTON, Ind.<\/span>, Nov. 24, 2020<\/span> \/PRNewswire\/ —\u00a0Northeast Indiana Bancorp, Inc., (OTCQB:\u00a0 NIDB), the parent company of First Federal Savings Bank, is proud to announce that its Board of Directors has declared a special cash dividend of $1.00<\/span> per share on the Company’s common stock.\u00a0 The record date will be December 9, 2020<\/span> and the payment date will be December 23, 2020<\/span>.<\/p>\n

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\n \"(PRNewsfoto\/Northeast
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Commenting on the announcement, President and CEO Michael S. Zahn<\/span> stated, “For the 6th<\/sup> year in a row, the Bank’s earnings and capital levels have allowed the Board of Directors to issue a special cash dividend.\u00a0 During that period, over $4.8 million<\/span> in special dividends have been returned to our shareholders.”<\/p>\n

The book value of NIDB’s stock was $37.66<\/span> per common share as of September 30, 2020<\/span> with 1,210,327 shares outstanding. \u00a0Northeast Indiana Bancorp, Inc. is headquartered at 648 N. Jefferson Street<\/span>, Huntington<\/span>, Indiana.\u00a0 The Company offers a full array of banking and financial brokerage services to its customers through its main office in Huntington<\/span> and five full-service Indiana<\/span> offices in Huntington<\/span> (2), Warsaw<\/span> and Fort Wayne<\/span>(2).\u00a0 The Company is traded on the OTC Markets Group, Inc. (www.otcmarkets.com<\/a>) utilizing the OTCQB platform under the symbol “NIDB”.\u00a0 Our web site address is www.firstfedindiana.bank<\/a>. <\/p>\n

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\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/northeast-indiana-bancorp-inc-announces-1-00-special-cash-dividend-301180115.html<\/a><\/p>\n

SOURCE Northeast Indiana Bancorp, Inc.<\/p>\n<\/p><\/div>\n

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PR Newswire HUNTINGTON, Ind., Nov. 24, 2020 \/PRNewswire\/ —\u00a0Northeast Indiana Bancorp, Inc., (OTCQB:\u00a0 NIDB), the parent company of First Federal Savings Bank, is proud to announce that its Board of Directors has declared a special cash dividend of $1.00 per share on the Company’s common stock.\u00a0 The record date will be December 9, 2020 and the payment date will be December 23, 2020. Commenting on the announcement, President and CEO Michael S. Zahn stated, “For the 6th year in a row, the Bank’s earnings and capital levels have allowed the Board of Directors to issue a special cash dividend.\u00a0 During that period, over $4.8 million in special dividends have been returned to our shareholders.” The book value of NIDB’s stock … <\/p>\n

Continue reading “Northeast Indiana Bancorp, Inc. Announces $1.00 Special Cash Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388112","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNortheast Indiana Bancorp, Inc. Announces $1.00 Special Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-1-00-special-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northeast Indiana Bancorp, Inc. 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