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

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) declared a quarterly dividend on Thursday, May 22nd, RTT News reports. Stockholders 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 annualized dividend and a dividend yield of 2.38%. The ex-dividend date of this dividend is Friday, June 13th.

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

First Capital Stock Down 1.5%

Shares of FCAP traded down $0.75 during midday trading on Friday, hitting $48.70. The stock had a trading volume of 5,681 shares, compared to its average volume of 4,506. The company has a 50 day simple moving average of $43.26 and a two-hundred day simple moving average of $36.83. First Capital has a twelve month low of $27.10 and a twelve month high of $53.85. The firm has a market cap of $163.39 million, a price-to-earnings ratio of 13.64 and a beta of 0.71. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70.

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen assumed coverage on First Capital in a research report on Thursday, April 17th. They set a "hold" rating for the company.

Hedge Funds Weigh In On First Capital

An institutional investor recently raised its position in First Capital stock. Jones Financial Companies Lllp boosted its position in First Capital, Inc. (NASDAQ:FCAP - Free Report) by 3,288.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 3,388 shares of the savings and loans company's stock after purchasing an additional 3,288 shares during the period. Jones Financial Companies Lllp owned about 0.10% of First Capital worth $129,000 as of its most recent filing with the SEC. 11.65% of the stock is owned by institutional investors and hedge funds.

First Capital Company Profile

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.