Fidelity D & D Bancorp, Inc. (FDBC) to Issue Quarterly Dividend of $0.40 on March 10th

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) declared a quarterly dividend on Tuesday, January 21st,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.40 per share by the financial services provider on Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend is Friday, February 14th.

Fidelity D & D Bancorp has increased its dividend by an average of 7.8% annually over the last three years.

Fidelity D & D Bancorp Stock Performance

FDBC opened at $46.60 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average price is $47.76 and its two-hundred day moving average price is $49.90. The firm has a market capitalization of $267.48 million, a P/E ratio of 12.91 and a beta of 0.59. Fidelity D & D Bancorp has a 12-month low of $41.00 and a 12-month high of $61.21.

Fidelity D & D Bancorp (NASDAQ:FDBC) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share for the quarter. Fidelity D & D Bancorp had a net margin of 16.50% and a return on equity of 10.49%.

Insider Activity at Fidelity D & D Bancorp

In other Fidelity D & D Bancorp news, Chairman Brian J. Cali purchased 880 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average price of $44.00 per share, for a total transaction of $38,720.00. Following the completion of the purchase, the chairman now directly owns 403,439 shares of the company’s stock, valued at approximately $17,751,316. This represents a 0.22 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 21.00% of the company’s stock.

Fidelity D & D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.