Fidelity D&D Bancorp Inc. (FDBC) To Go Ex-Dividend on May 20th

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) announced a quarterly dividend on Wednesday, April 22nd. Investors of record on Wednesday, May 20th will be paid a dividend of 0.43 per share by the financial services provider on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, May 20th.

Fidelity D&D Bancorp has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 10 consecutive years.

Fidelity D&D Bancorp Stock Up 1.2%

Shares of FDBC opened at $46.14 on Friday. The company has a market cap of $271.30 million, a PE ratio of 9.01 and a beta of 0.83. The business has a fifty day moving average of $44.52 and a 200 day moving average of $44.48. Fidelity D&D Bancorp has a 52-week low of $37.57 and a 52-week high of $50.00. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.03.

Fidelity D&D Bancorp (NASDAQ:FDBC) last issued its quarterly earnings results on Wednesday, April 22nd. The financial services provider reported $1.28 earnings per share (EPS) for the quarter. The company had revenue of $19.41 million during the quarter. Fidelity D&D Bancorp had a return on equity of 12.97% and a net margin of 20.78%.

Insider Transactions at Fidelity D&D Bancorp

In other Fidelity D&D Bancorp news, Vice Chairman Michael J. Mcdonald acquired 10,414 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was bought at an average price of $48.01 per share, for a total transaction of $499,976.14. Following the acquisition, the insider directly owned 181,228 shares in the company, valued at $8,700,756.28. The trade was a 6.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 20.69% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Fidelity D&D Bancorp

Several hedge funds have recently made changes to their positions in FDBC. Jane Street Group LLC purchased a new stake in shares of Fidelity D&D Bancorp in the 1st quarter worth $259,000. Geode Capital Management LLC lifted its holdings in shares of Fidelity D&D Bancorp by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 114,165 shares of the financial services provider’s stock worth $5,253,000 after buying an additional 1,945 shares during the period. Quantinno Capital Management LP purchased a new stake in shares of Fidelity D&D Bancorp in the 2nd quarter worth $679,000. Raymond James Financial Inc. purchased a new stake in shares of Fidelity D&D Bancorp in the 2nd quarter worth $56,000. Finally, Bank of America Corp DE lifted its holdings in shares of Fidelity D&D Bancorp by 25.6% in the 2nd quarter. Bank of America Corp DE now owns 6,352 shares of the financial services provider’s stock worth $292,000 after buying an additional 1,296 shares during the period. 20.05% of the stock is currently owned by hedge funds and other institutional investors.

About Fidelity D&D Bancorp

Fidelity D&D Bancorp, Inc is the bank holding company for Fidelity Deposit & Discount Bank, a New York–chartered community bank headquartered in Melville, New York. Through its banking subsidiary, the company offers a broad range of deposit and lending products designed to meet the needs of individuals, small businesses and commercial clients throughout Long Island’s Nassau and Suffolk counties.

On the deposit side, Fidelity Deposit & Discount Bank provides traditional checking and savings accounts, money market accounts and certificates of deposit.