Looking at the universe of stocks we cover at Dividend Channel, on 10/3/13, First Internet Bancorp (INBK) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 10/15/13. As a percentage of INBK's recent stock price of $26.48, this dividend works out to approximately 0.23%.
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 0.91% on annualized basis is a reasonable expectation of annual yield going forward.In Tuesday trading, First Internet Bancorp shares are currently down about 0.8% on the day.
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