First Internet Bancorp (INBK) Dividends

First Internet Bancorp (INBK): $40.75

1.25 (+3.16%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

D

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Industry: Midwest Regional Banks

Industry

D

Ranked

#17 of 47

in industry

Dividend Yield and Dividend History Highlights

  • Regarding free cash flow variation: INBK reports less variability in its cash flow than only 1.31% of dividend stocks in our set.
  • In terms of absolute dollars distributed to common shareholders over the past 12 months, INBK has returned $2,365,000 US dollars, more than 7.62% of US dividend issuers.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with INBK's price: ALCO, ZTS, PINC, AUDC and BMA.
INBK Ex-Dividend Date
INBK Dividend Yield
0.59%
INBK Annual Dividend
$0.24
INBK Payout Ratio

INBK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$40.75$6.41 -85.66%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of INBK, the dividend discount model StockNews created for the company implies a negative return of 85.66%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for First Internet Bancorp are:

  • INBK's market cap is about 436 million US dollars -- its dividend yield of 0.54 is greater than 3.35% of its fellow stocks in the small market cap class.
  • In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of -85.66%, based on the stock's current share price and target price based on a dividend discount model, is greater than 2.72% of the DDM-forecasted return of its its sector peers.
  • Compared to all dividend issuing stocks in our set, First Internet Bancorp bears a discount rate, according to our calculations, lower than 2.72% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Compared to other dividend issuers in the small-sized market cap category, INBK has a beta lower than merely 17.13% of them.


INBK Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-09-30Dividend$0.06--
2024-06-28Dividend$0.06--
2024-03-27Dividend$0.06--
2023-12-28Dividend$0.06--
2023-09-28Dividend$0.06--
2023-06-29Dividend$0.06--
2023-03-30Dividend$0.06--
2022-12-29Dividend$0.06--
2022-09-29Dividend$0.06--
2022-06-30Dividend$0.06--
2022-03-30Dividend$0.06--
2021-12-30Dividend$0.06--
2021-09-29Dividend$0.06--
2021-06-30Dividend$0.06--
2021-03-30Dividend$0.06--
2020-12-30Dividend$0.06--
2020-09-30Dividend$0.06--
2020-06-29Dividend$0.06--
2020-03-30Dividend$0.06--
2019-12-30Dividend$0.06--
2019-09-27Dividend$0.06--
2019-06-27Dividend$0.06--
2019-03-28Dividend$0.06--
2018-12-28Dividend$0.06--
2018-09-27Dividend$0.06--
2018-06-28Dividend$0.06--
2018-03-28Dividend$0.06--
2017-12-28Dividend$0.06--
2017-09-28Dividend$0.06--
2017-06-28Dividend$0.06--
2017-03-29Dividend$0.06--
2016-12-28Dividend$0.06--
2016-09-28Dividend$0.06--
2016-06-28Dividend$0.06--
2016-03-29Dividend$0.06--
2015-12-29Dividend$0.06--
2015-09-28Dividend$0.06--
2015-06-26Dividend$0.06--
2015-03-27Dividend$0.06--
2014-12-29Dividend$0.06--
2014-09-26Dividend$0.06--
2014-06-26Dividend$0.06--
2014-03-27Dividend$0.06--
2013-12-27Dividend$0.06--
2013-10-03Dividend$0.06--
2013-06-27Dividend$0.06+200.00%
2013-06-24Split3-2-for-1 Stock SplitN/A
2013-03-27Dividend$0.06-76.00%
2012-12-06Dividend$0.25--


INBK Dividends vs. Peers

INBK's dividend yield currently ranks #20 of 73 vs. its peers in the Midwest Regional Banks category.
Rank Symbol Name Dividend Yield
1 FRME First Merchants Corporation 0.00%
2 HWBK Hawthorn Bancshares, Inc. 0.00%
3 NCBS Nicolet Bankshares Inc. 0.00%
4 GWB Great Western Bancorp, Inc. 0.00%
5 SBFG SB Financial Group, Inc. 0.00%
6 BKMU Bank Mutual Corporation 0.00%
7 FSFG First Savings Financial Group, Inc. 0.00%
8 LKFN Lakeland Financial Corporation 0.00%
9 IBCP Independent Bank Corporation 0.00%
10 MSBI Midland States Bancorp, Inc. 0.00%
11 ICBK County Bancorp, Inc. 0.00%
12 EBMT Eagle Bancorp Montana, Inc. 0.00%
13 CBCYB Central Bancompany, Inc. 0.00%
14 TFSL TFS Financial Corporation 0.00%
15 GABC German American Bancorp, Inc. 0.00%
16 SFNC Simmons First National Corporation 0.00%
17 THFF First Financial Corp. (Indiana) 0.00%
18 LEVL Level One Bancorp, Inc. 0.00%
19 ALTA Altabancorp 0.00%
20 INBK First Internet Bancorp 0.00%
21 PFC Premier Financial Corp. 0.00%
22 BUSE First Busey Corporation 0.00%
23 GFED Guaranty Federal Bancshares, Inc. 0.00%
24 KEY KeyCorp 0.00%
25 BY Byline Bancorp, Inc. 0.00%
26 WSBF Waterstone Financial, Inc. 0.00%
27 MBCN Middlefield Banc Corp. 0.00%
28 MBFI MB Financial Inc. 0.00%
29 PRK Park National Corporation 0.00%
30 PVTB PrivateBancorp, Inc. 0.00%
31 WTFC Wintrust Financial Corporation 0.00%
32 MBTF M B T Financial Corp 0.00%
33 MBWM Mercantile Bank Corporation 0.00%
34 MCBC Macatawa Bank Corporation 0.00%
35 COFS ChoiceOne Financial Services, Inc. 0.00%
36 SMBC Southern Missouri Bancorp, Inc. 0.00%
37 IROQ IF Bancorp, Inc. 0.00%
38 CASH Meta Financial Group, Inc. 0.00%
39 ONB Old National Bancorp 0.00%
40 MFNC Mackinac Financial Corporation 0.00%
41 MFSF MutualFirst Financial Inc. 0.00%
42 CBSH Commerce Bancshares, Inc. 0.00%
43 FMAO Farmers & Merchants Bancorp, Inc. 0.00%
44 UBOH United Bancshares, Inc. 0.00%
45 OSBC Old Second Bancorp, Inc. 0.00%
46 FBIZ First Business Financial Services, Inc. 0.00%
47 FCAP First Capital, Inc. 0.00%
48 ATLO Ames National Corporation 0.00%
49 ASB Associated Banc-Corp 0.00%
50 HBAN Huntington Bancshares Inc. 0.00%
51 CZWI Citizens Community Bancorp, Inc. 0.00%
52 SRCE 1st Source Corporation 0.00%
53 FFBC First Financial Bancorp. 0.00%
54 CFBK Central Federal Corporation 0.00%
55 CFFN Capitol Federal Financial, Inc. 0.00%
56 BFC Bank First Corporation 0.00%
57 FFWM First Foundation Inc. 0.00%
58 FITB Fifth Third Bancorp 0.00%
59 NBHC National Bank Holdings Corporation 0.00%
60 CHFC Chemical Financial Corporation 0.00%
61 MSFG MainSource Financial Group, Inc. 0.00%
62 HMNF HMN Financial, Inc. 0.00%
63 PEBO Peoples Bancorp Inc. 0.00%
64 FMBH First Mid Bancshares, Inc. 0.00%
65 FMBI First Midwest Bancorp, Inc. 0.00%
66 LARK Landmark Bancorp Inc. 0.00%
67 FMNB Farmers National Banc Corp. 0.00%
68 FCFP First Community Financial Partners, Inc. 0.00%
69 EQBK Equity Bancshares, Inc. - 0.00%
70 CIZN Citizens Holding Company 0.00%
71 BFIN BankFinancial Corporation 0.00%
72 BWB Bridgewater Bancshares, Inc. 0.00%
73 TCF TCF Financial Corporation 0.00%

Looking for More Information on INBK dividends?

Here are a few links from around the web to help you further your research on First Internet Bancorp and its dividends:

First Internet Bancorp Common Stock (INBK) Dividend History | Nasdaq
Dividend History for First Internet Bancorp (INBK) - Dividend Investor
First Internet Bancorp (INBK) Dividend History - Seeking Alpha

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