Looking at the universe of stocks we cover at Dividend Channel, on 6/27/13, First Internet Bancorp (INBK) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 7/15/13. As a percentage of INBK's recent stock price of $19.80, this dividend works out to approximately 0.30%.
Below is a dividend history chart for INBK, showing historical dividends prior to the most recent $0.06 declared by First Internet Bancorp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from INBK is likely to continue, and whether the current estimated yield of 1.21% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of INBK shares, versus its 200 day moving average:Looking at the chart above, INBK's low point in its 52 week range is $9.34 per share, with $21.25 as the 52 week high point — that compares with a last trade of $19.80.
In Tuesday trading, First Internet Bancorp shares are currently trading flat on the day.