Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI – Get 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.
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
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.
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