Richmond Mutual Bancorporation, Inc. to Issue Quarterly Dividend of $0.15 (NASDAQ:RMBI)

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBIGet Free Report) announced a quarterly dividend on Thursday, August 20th. Shareholders of record on Thursday, September 3rd will be paid a dividend of 0.15 per share on Thursday, September 17th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Thursday, September 3rd.

Richmond Mutual Bancorporation has raised its dividend by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 1 years.

Richmond Mutual Bancorporation Trading Down 0.4%

Shares of RMBI opened at $15.90 on Friday. Richmond Mutual Bancorporation has a twelve month low of $12.77 and a twelve month high of $16.59. The firm has a market capitalization of $166.95 million, a P/E ratio of 13.14 and a beta of 0.31. The firm’s 50-day moving average is $15.44 and its two-hundred day moving average is $14.64.

Richmond Mutual Bancorporation (NASDAQ:RMBIGet Free Report) last announced its earnings results on Monday, July 27th. The company reported $0.22 earnings per share (EPS) for the quarter. Richmond Mutual Bancorporation had a net margin of 13.00% and a return on equity of 8.30%. The company had revenue of $13.65 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Richmond Mutual Bancorporation from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

Read Our Latest Stock Report on Richmond Mutual Bancorporation

About Richmond Mutual Bancorporation

(Get Free Report)

Richmond Mutual Bancorporation is the bank holding company for The Richmond Savings Bank, a mutual savings institution chartered in New Hampshire. Through its subsidiary, the company offers a full range of deposit and loan products to individuals, families and small businesses. Its core services include checking and savings accounts, money market accounts, certificates of deposit and consumer lending solutions such as residential mortgages, home equity lines of credit and personal installment loans.

Further Reading

Dividend History for Richmond Mutual Bancorporation (NASDAQ:RMBI)

Receive News & Ratings for Richmond Mutual Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Richmond Mutual Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.