INBK First Internet Bancorp dividend history, payout ratio & dates
First Internet Bancorp's latest dividend was on Sep 30, 2024 (ex-date) with a payout of $0.06 per share. On an annualized basis, the company has a current payout of $0.24 per share. This brings the dividend yield to 0.59% based on its recent close price.
Key dates
- INBK last dividend date: Sep 30, 2024
INBK dividend stats
vs. Financial Services sector
Dividend yield
First Internet Bancorp's dividend yield of 0.59% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.58%, First Internet Bancorp's dividend yield is 77% lower. The current dividend yield is lower than the historical average of 1.0% of the last 5 years.
Dividend history
First Internet Bancorp has been paying dividends since 2012. INBK has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 120% from a year ago, the dividend yield has a decrease of 54%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.06 | 0.7% |
| Jun 28, 2024 | $0.06 | 0.89% |
| Mar 27, 2024 | $0.06 | 0.69% |
| Dec 28, 2023 | $0.06 | 0.97% |
| Sep 28, 2023 | $0.06 | 1.48% |
| Jun 29, 2023 | $0.06 | 1.55% |
| Mar 30, 2023 | $0.06 | 1.44% |
| Dec 29, 2022 | $0.06 | 0.99% |
| Sep 29, 2022 | $0.06 | 0.7% |
| Jun 30, 2022 | $0.06 | 0.65% |
| Mar 30, 2022 | $0.06 | 0.55% |
| Dec 30, 2021 | $0.06 | 0.51% |
| Sep 29, 2021 | $0.06 | 0.77% |
| Jun 30, 2021 | $0.06 | 0.77% |
| Mar 30, 2021 | $0.06 | 0.67% |
| Dec 30, 2020 | $0.06 | 0.84% |
| Sep 30, 2020 | $0.06 | 1.63% |
| Jun 29, 2020 | $0.06 | 1.46% |
| Mar 30, 2020 | $0.06 | 1.42% |
| Dec 30, 2019 | $0.06 | 1.01% |
| Sep 27, 2019 | $0.06 | 1.1% |
| Jun 27, 2019 | $0.06 | 1.21% |
| Mar 28, 2019 | $0.06 | 1.26% |
| Dec 28, 2018 | $0.06 | 1.18% |
| Sep 27, 2018 | $0.06 | 0.79% |
| Jun 28, 2018 | $0.06 | 0.71% |
| Mar 28, 2018 | $0.06 | 0.65% |
| Dec 28, 2017 | $0.06 | 0.61% |
| Sep 28, 2017 | $0.06 | 0.74% |
| Jun 28, 2017 | $0.06 | 0.85% |
| Mar 29, 2017 | $0.06 | 0.82% |
| Dec 28, 2016 | $0.06 | 0.73% |
| Sep 28, 2016 | $0.06 | 1.04% |
| Jun 28, 2016 | $0.06 | 1.04% |
| Mar 29, 2016 | $0.06 | 0.99% |
| Dec 29, 2015 | $0.06 | 0.83% |
| Sep 28, 2015 | $0.06 | 0.74% |
| Jun 26, 2015 | $0.06 | 0.99% |
| Mar 27, 2015 | $0.06 | 1.34% |
First Internet Bancorp dividend payout ratio
Payout ratio
First Internet Bancorp's payout ratio of 9.4% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44%, First Internet Bancorp's payout ratio is 79% lower.
Total amount of dividends paid per financial year (from cash flow)
INBK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 4.27% | $0.82 | 8,200% |
| FRME First Merchants Corp | 3.18% | $1.38 | 45.7% |
| FFBC First Financial Bancorp | 3.17% | $0.93 | 39.7% |
| PNC Pnc Financial Services Group Inc | 3.06% | $6.3 | 53.2% |
| BAC Bank Of America Corp | 2.11% | $0.98 | 35.3% |
| WFC Wells Fargo & Company | 2% | $1.5 | 30.7% |
| INBK First Internet Bancorp | 0.59% | $0.24 | 9.4% |
Frequently asked questions
Does First Internet Bancorp pay a dividend?
Yes, First Internet Bancorp has been paying dividends for the last 12 years.
When was INBK's last dividend?
First Internet Bancorp's last dividend ex-date was on Sep 30, 2024. The dividend amount was $0.06 per share.
How much dividend does First Internet Bancorp pay (per share)?
INBK's annualized dividend per share is $0.24.
What is First Internet Bancorp's dividend yield?
First Internet Bancorp's current dividend yield is 0.59%.
How often does First Internet Bancorp pay dividends?
First Internet Bancorp pays four dividends per year.
What is First Internet Bancorp's dividend payout ratio?
First Internet Bancorp's dividend payout ratio is 9.4%.
Does First Internet Bancorp pay a good dividend?
First Internet Bancorp's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.