Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) Increases Dividend to $0.43 Per Share

Key Points

• Fidelity D&D Bancorp announced a quarterly dividend increase to $0.43 per share, marking a 7.5% rise from the previous dividend of $0.40.
• The ex-dividend date is set for November 14th, with stockholders receiving the dividend on December 10th.
• As of the latest trading, shares opened at $44.36 and the company reported an earnings per share (EPS) of $1.27 with a net margin of 19.03% in its recent quarterly results.

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Get Free Report) declared a quarterly dividend on Thursday, October 23rd. Stockholders of record on Friday, November 14th will be given a dividend of 0.43 per share by the financial services provider on Wednesday, December 10th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, November 14th. This is a 7.5% increase from Fidelity D&D Bancorp's previous quarterly dividend of $0.40.

Fidelity D&D Bancorp Stock Down 1.0%

Shares of NASDAQ FDBC opened at $44.36 on Friday. Fidelity D&D Bancorp has a 12 month low of $37.00 and a 12 month high of $61.21. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.03. The company has a market cap of $255.96 million, a price-to-earnings ratio of 9.84 and a beta of 1.07. The stock has a 50-day moving average price of $43.99 and a two-hundred day moving average price of $42.60.

Fidelity D&D Bancorp (NASDAQ:FDBC - Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. Fidelity D&D Bancorp had a net margin of 19.03% and a return on equity of 12.36%. The company had revenue of $23.53 million during the quarter.

About Fidelity D&D Bancorp

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.

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