Ex-Div Reminder For First Internet Bancorp (INBK)

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%.

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Below is a dividend history chart for INBK, showing historical dividends prior to the most recent $0.06 declared by First Internet Bancorp:

INBK+Dividend+History+Chart

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:

First Internet Bancorp 200 Day Moving Average Chart

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.
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