{"id":482853,"date":"2021-04-27T16:34:45","date_gmt":"2021-04-27T20:34:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting\/"},"modified":"2021-04-27T16:34:45","modified_gmt":"2021-04-27T20:34:45","slug":"northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting\/","title":{"rendered":"Northeast Indiana Bancorp, Inc. Announces Cash Dividend And Holds Twenty-Sixth Annual Shareholder Meeting"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">HUNTINGTON, Ind.<\/span>, <span class=\"xn-chron\">April 27, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Northeast Indiana Bancorp, Inc., (OTCQB:\u00a0 NIDB), the parent company of First Federal Savings Bank, has announced that the Corporation will pay a cash dividend of <span class=\"xn-money\">$0.28<\/span> per common share.\u00a0 The dividend will be payable on <span class=\"xn-chron\">May 27, 2021<\/span> to shareholders of record on <span class=\"xn-chron\">May 13, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/551172\/Northeast_Indiana_Bancorp_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/551172\/Northeast_Indiana_Bancorp_Logo.jpg\" title=\"(PRNewsfoto\/Northeast Indiana Bancorp, Inc.)\" alt=\"(PRNewsfoto\/Northeast Indiana Bancorp, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Northeast Indiana Bancorp Inc. was named to the &#8220;Dividends Champions&#8221; list in 2020 by Dividendvaluebuilder.com.\u00a0 This prestigious list recognizes public companies who have increased their cash dividend every year for twenty-five consecutive years or more.\u00a0 Northeast Indiana Bancorp, Inc. is one of only eighteen banks to make the list out of approximately 880 public companies.\u00a0 The complete list can be viewed at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3143986-1&amp;h=2132380982&amp;u=https%3A%2F%2Fdividendvaluebuilder.com%2Fdividend-champions-list%2F&amp;a=https%3A%2F%2Fdividendvaluebuilder.com%2Fdividend-champions-list%2F\" rel=\"nofollow noopener\">https:\/\/dividendvaluebuilder.com\/dividend-champions-list\/<\/a>.<\/p>\n<p>Northeast Indiana Bancorp, Inc. held its twenty-sixth annual shareholders&#8217; meeting <span class=\"xn-chron\">April 27<\/span>, 2021.\u00a0 The shareholders selected <span class=\"xn-person\">Michael S. Zahn<\/span> and <span class=\"xn-person\">Kyle D. Koob<\/span> as directors of the company for terms to expire in 2024.\u00a0\u00a0 <\/p>\n<p>The book value of NIDB&#8217;s stock was <span class=\"xn-money\">$38.22<\/span> per common share as of <span class=\"xn-chron\">March 31<\/span>, 2021.\u00a0 The last reported trade of stock at the close of business on <span class=\"xn-chron\">April 26, 2021<\/span> was <span class=\"xn-money\">$42.10<\/span> per common share and the number of outstanding shares was 1,202,985 as of the same date.\u00a0 The annualized dividend yield is currently 2.7% when annualizing the current quarter cash dividend of <span class=\"xn-money\">$0.28<\/span> per common share against the <span class=\"xn-chron\">April 27, 2021<\/span> closing price of <span class=\"xn-money\">$42.10<\/span> per common share.\u00a0 <\/p>\n<p>Northeast Indiana Bancorp, Inc. is headquartered at 648 N. <span class=\"xn-person\">Jefferson Street<\/span>, <span class=\"xn-location\">Huntington<\/span>, Indiana.\u00a0 The company offers a full array of banking and financial brokerage services to its customers through its main office in <span class=\"xn-location\">Huntington<\/span> and five full-service <span class=\"xn-location\">Indiana<\/span> offices in <span class=\"xn-location\">Huntington<\/span> (2), <span class=\"xn-location\">Warsaw<\/span> and <span class=\"xn-location\">Fort Wayne<\/span>(2).\u00a0 The Company is traded on the OTC Markets Group, Inc. (<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3143986-1&amp;h=3228471853&amp;u=http%3A%2F%2Fwww.otcmarkets.com%2F&amp;a=www.otcmarkets.com\" rel=\"nofollow noopener\">www.otcmarkets.com<\/a>) utilizing the OTCQB platform under the symbol &#8220;NIDB&#8221;.\u00a0 Our web site address is <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3143986-1&amp;h=3274369711&amp;u=http%3A%2F%2Fwww.firstfedindiana.bank%2F&amp;a=www.firstfedindiana.bank\" rel=\"nofollow noopener\">www.firstfedindiana.bank<\/a>. <\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DE57872&amp;sd=2021-04-27\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting-301278412.html\">http:\/\/www.prnewswire.com\/news-releases\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting-301278412.html<\/a><\/p>\n<p>SOURCE  Northeast Indiana Bancorp, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DE57872&amp;Transmission_Id=202104271630PR_NEWS_USPR_____DE57872&amp;DateId=20210427\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HUNTINGTON, Ind., April 27, 2021 \/PRNewswire\/ &#8212;\u00a0Northeast Indiana Bancorp, Inc., (OTCQB:\u00a0 NIDB), the parent company of First Federal Savings Bank, has announced that the Corporation will pay a cash dividend of $0.28 per common share.\u00a0 The dividend will be payable on May 27, 2021 to shareholders of record on May 13, 2021. Northeast Indiana Bancorp Inc. was named to the &#8220;Dividends Champions&#8221; list in 2020 by Dividendvaluebuilder.com.\u00a0 This prestigious list recognizes public companies who have increased their cash dividend every year for twenty-five consecutive years or more.\u00a0 Northeast Indiana Bancorp, Inc. is one of only eighteen banks to make the list out of approximately 880 public companies.\u00a0 The complete list can be viewed at https:\/\/dividendvaluebuilder.com\/dividend-champions-list\/. Northeast Indiana Bancorp, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Northeast Indiana Bancorp, Inc. Announces Cash Dividend And Holds Twenty-Sixth Annual Shareholder Meeting&#8221;<\/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-482853","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Northeast Indiana Bancorp, Inc. Announces Cash Dividend And Holds Twenty-Sixth Annual Shareholder Meeting - 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-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting\/\" \/>\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. Announces Cash Dividend And Holds Twenty-Sixth Annual Shareholder Meeting - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HUNTINGTON, Ind., April 27, 2021 \/PRNewswire\/ &#8212;\u00a0Northeast Indiana Bancorp, Inc., (OTCQB:\u00a0 NIDB), the parent company of First Federal Savings Bank, has announced that the Corporation will pay a cash dividend of $0.28 per common share.\u00a0 The dividend will be payable on May 27, 2021 to shareholders of record on May 13, 2021. Northeast Indiana Bancorp Inc. was named to the &#8220;Dividends Champions&#8221; list in 2020 by Dividendvaluebuilder.com.\u00a0 This prestigious list recognizes public companies who have increased their cash dividend every year for twenty-five consecutive years or more.\u00a0 Northeast Indiana Bancorp, Inc. is one of only eighteen banks to make the list out of approximately 880 public companies.\u00a0 The complete list can be viewed at https:\/\/dividendvaluebuilder.com\/dividend-champions-list\/. Northeast Indiana Bancorp, &hellip; Continue reading &quot;Northeast Indiana Bancorp, Inc. 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Announces Cash Dividend And Holds Twenty-Sixth Annual Shareholder Meeting - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting\/","og_locale":"en_US","og_type":"article","og_title":"Northeast Indiana Bancorp, Inc. Announces Cash Dividend And Holds Twenty-Sixth Annual Shareholder Meeting - Market Newsdesk","og_description":"PR Newswire HUNTINGTON, Ind., April 27, 2021 \/PRNewswire\/ &#8212;\u00a0Northeast Indiana Bancorp, Inc., (OTCQB:\u00a0 NIDB), the parent company of First Federal Savings Bank, has announced that the Corporation will pay a cash dividend of $0.28 per common share.\u00a0 The dividend will be payable on May 27, 2021 to shareholders of record on May 13, 2021. Northeast Indiana Bancorp Inc. was named to the &#8220;Dividends Champions&#8221; list in 2020 by Dividendvaluebuilder.com.\u00a0 This prestigious list recognizes public companies who have increased their cash dividend every year for twenty-five consecutive years or more.\u00a0 Northeast Indiana Bancorp, Inc. is one of only eighteen banks to make the list out of approximately 880 public companies.\u00a0 The complete list can be viewed at https:\/\/dividendvaluebuilder.com\/dividend-champions-list\/. Northeast Indiana Bancorp, &hellip; Continue reading \"Northeast Indiana Bancorp, Inc. Announces Cash Dividend And Holds Twenty-Sixth Annual Shareholder Meeting\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-27T20:34:45+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/551172\/Northeast_Indiana_Bancorp_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northeast-indiana-bancorp-inc-announces-cash-dividend-and-holds-twenty-sixth-annual-shareholder-meeting\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Northeast Indiana Bancorp, Inc. 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