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Richmond Mutual Bancorporation, Inc. Plans Quarterly Dividend of $0.14 (NASDAQ:RMBI)

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI - Get Free Report) announced a quarterly dividend on Thursday, May 16th, Zacks reports. Shareholders of record on Thursday, May 30th will be given a dividend of 0.14 per share on Thursday, June 13th. This represents a $0.56 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date of this dividend is Thursday, May 30th.

Richmond Mutual Bancorporation has raised its dividend by an average of 55.1% annually over the last three years and has raised its dividend every year for the last 3 years.

Richmond Mutual Bancorporation Price Performance

Shares of RMBI stock traded up $0.05 during trading hours on Friday, reaching $11.55. The company had a trading volume of 5,339 shares, compared to its average volume of 8,973. Richmond Mutual Bancorporation has a 1-year low of $9.44 and a 1-year high of $13.00. The firm has a market cap of $127.74 million, a price-to-earnings ratio of 13.28 and a beta of 0.62. The company has a 50 day moving average of $11.60 and a 200 day moving average of $11.32.

Richmond Mutual Bancorporation (NASDAQ:RMBI - Get Free Report) last released its earnings results on Thursday, April 25th. The company reported $0.23 earnings per share for the quarter. The firm had revenue of $10.96 million for the quarter. Richmond Mutual Bancorporation had a return on equity of 6.93% and a net margin of 11.72%.


Richmond Mutual Bancorporation Company Profile

(Get Free Report)

Richmond Mutual Bancorporation, Inc operates as the bank holding company for First Bank Richmond that provides various banking services. It accepts various deposits, including savings deposit accounts, money market accounts, NOW and demand accounts, and certificates of deposit. The company also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans.

See Also

Dividend History for Richmond Mutual Bancorporation (NASDAQ:RMBI)

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