First Capital, Inc. (NASDAQ:FCAP) Declares Quarterly Dividend of $0.29

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) declared a quarterly dividend on Thursday, May 22nd, RTT News reports. Investors of record on Friday, June 13th will be given a dividend of 0.29 per share by the savings and loans company on Friday, June 27th. This represents a $1.16 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date is Friday, June 13th.

First Capital has increased its dividend payment by an average of 2.5% per year over the last three years and has increased its dividend annually for the last 2 consecutive years.

First Capital Price Performance

Shares of FCAP stock traded down $0.12 during trading hours on Wednesday, reaching $48.58. The company had a trading volume of 8,406 shares, compared to its average volume of 4,512. The stock has a fifty day moving average of $43.70 and a 200-day moving average of $37.02. The company has a market capitalization of $162.99 million, a price-to-earnings ratio of 13.61 and a beta of 0.71. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. First Capital has a 12-month low of $27.10 and a 12-month high of $53.85.

First Capital (NASDAQ:FCAP - Get Free Report) last posted its earnings results on Friday, April 25th. The savings and loans company reported $0.97 EPS for the quarter. The company had revenue of $11.43 million for the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen began coverage on shares of First Capital in a research report on Thursday, April 17th. They set a "hold" rating on the stock.

Hedge Funds Weigh In On First Capital

An institutional investor recently raised its position in First Capital stock. Empowered Funds LLC grew its holdings in First Capital, Inc. (NASDAQ:FCAP - Free Report) by 6.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,713 shares of the savings and loans company's stock after purchasing an additional 1,008 shares during the quarter. Empowered Funds LLC owned approximately 0.47% of First Capital worth $599,000 at the end of the most recent quarter. 11.65% of the stock is currently owned by institutional investors.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.