First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Trading Up 0.3% – Time to Buy?

First Internet Bancorp – Fixed- (NASDAQ:INBKZ – Get Free Report) shares were up 0.3% during trading on Thursday . The stock traded as high as $25.00 and last traded at $25.10. 940 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 2,668 shares. The stock had previously closed at $25.02.

First Internet Bancorp – Fixed- Price Performance

The stock has a fifty day moving average price of $24.99 and a two-hundred day moving average price of $24.73.

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First Internet Bancorp – Fixed- Increases Dividend

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

First Internet Bancorp – Fixed- Company Profile

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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.

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