First Internet Bancorp's latest quarterly dividend was on Mar 30, 2023 (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 2% based on its recent close price.
First Internet Bancorp's dividend yield of 2% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.81%, First Internet Bancorp's dividend yield is 48% lower. The current dividend yield is higher than the historical average of 1.0% of the last 5 years.
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 down by 69% from a year ago, the dividend yield has an increase of 222%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 30, 2023 | Apr 17, 2023 | Mar 21, 2023 | $0.06 | normal |
Dec 29, 2022 | Jan 17, 2023 | Dec 20, 2022 | $0.06 | normal |
Sep 29, 2022 | Oct 17, 2022 | Sep 20, 2022 | $0.06 | normal |
Jun 30, 2022 | Jul 15, 2022 | Jun 21, 2022 | $0.06 | normal |
Mar 30, 2022 | Apr 18, 2022 | Mar 21, 2022 | $0.06 | normal |
Dec 30, 2021 | Jan 18, 2022 | Dec 21, 2021 | $0.06 | normal |
Sep 29, 2021 | Oct 15, 2021 | Sep 20, 2021 | $0.06 | normal |
Jun 30, 2021 | Jul 15, 2021 | Jun 21, 2021 | $0.06 | normal |
Mar 30, 2021 | Apr 15, 2021 | Mar 16, 2021 | $0.06 | normal |
Dec 30, 2020 | Jan 15, 2021 | Dec 21, 2020 | $0.06 | normal |
Sep 30, 2020 | Oct 15, 2020 | Sep 21, 2020 | $0.06 | normal |
Jun 29, 2020 | Jul 15, 2020 | Jun 16, 2020 | $0.06 | normal |
Mar 30, 2020 | Apr 15, 2020 | Mar 17, 2020 | $0.06 | normal |
Dec 30, 2019 | Jan 15, 2020 | Dec 17, 2019 | $0.06 | normal |
Sep 27, 2019 | Oct 15, 2019 | Sep 17, 2019 | $0.06 | normal |
Jun 27, 2019 | Jul 15, 2019 | Jun 18, 2019 | $0.06 | normal |
Mar 28, 2019 | Apr 15, 2019 | Mar 19, 2019 | $0.06 | normal |
Dec 28, 2018 | Jan 15, 2019 | Dec 18, 2018 | $0.06 | normal |
Sep 27, 2018 | Oct 15, 2018 | Sep 18, 2018 | $0.06 | normal |
Jun 28, 2018 | Jul 16, 2018 | Jun 19, 2018 | $0.06 | normal |
Mar 28, 2018 | Apr 16, 2018 | Mar 20, 2018 | $0.06 | normal |
Dec 28, 2017 | Jan 16, 2018 | Dec 18, 2017 | $0.06 | normal |
Sep 28, 2017 | Oct 16, 2017 | $0.06 | normal | |
Jun 28, 2017 | Jul 17, 2017 | Jun 20, 2017 | $0.06 | normal |
Mar 29, 2017 | Apr 17, 2017 | Mar 21, 2017 | $0.06 | normal |
Dec 28, 2016 | Jan 17, 2017 | Dec 19, 2016 | $0.06 | normal |
Sep 28, 2016 | Oct 17, 2016 | Sep 20, 2016 | $0.06 | normal |
Jun 28, 2016 | Jul 15, 2016 | Jun 20, 2016 | $0.06 | normal |
First Internet Bancorp's payout ratio of 10.7% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 32.1%, First Internet Bancorp's payout ratio is 67% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KEY Keycorp | 8.19% | $0.81 | 45.5% |
PNC Pnc Financial Services Group Inc | 5.05% | $6 | 41% |
FRME First Merchants Corp | 4.69% | $1.28 | 32.1% |
FFBC First Financial Bancorp | 4.68% | $0.92 | 34.8% |
BAC Bank Of America Corp | 3.07% | $0.87 | 26% |
WFC Wells Fargo & Company | 2.91% | $1.2 | 34% |
INBK First Internet Bancorp | 2% | $0.24 | 10.7% |
Yes, First Internet Bancorp has been paying dividends for the last 11 years.
At this point we don't have a record of INBK's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2023.
First Internet Bancorp's last dividend ex-date was on Mar 30, 2023. The dividend amount was $0.06 per share.
INBK's annualized dividend per share is $0.24.
First Internet Bancorp's current dividend yield is 2%.
First Internet Bancorp pays four dividends per year.
First Internet Bancorp's dividend payout ratio is 10.7%.
First Internet Bancorp's dividend yield is lower than the Financial Services sector average.