INBK Ex-Dividend Reminder - 12/27/13

Looking at the universe of stocks we cover at Dividend Channel, on 12/27/13, First Internet Bancorp ( INBK) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 1/15/14. As a percentage of INBK's recent stock price of $23.60, this dividend works out to approximately 0.25%.

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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 1.02% 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 $13.38 per share, with $36.00 as the 52 week high point — that compares with a last trade of $23.60.

In Thursday trading, First Internet Bancorp shares are currently off about 0.4% on the day.

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