Fidelity D & D Bancorp, Inc. Announces Quarterly Dividend of $0.40 (NASDAQ:FDBC)

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) declared a quarterly dividend on Tuesday, January 21st,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.40 per share by the financial services provider on Monday, March 10th. This represents a $1.60 annualized dividend and a yield of 3.43%. The ex-dividend date is Friday, February 14th.

Fidelity D & D Bancorp has raised its dividend payment by an average of 7.8% per year over the last three years.

Fidelity D & D Bancorp Trading Up 2.4 %

Shares of NASDAQ FDBC opened at $46.60 on Wednesday. Fidelity D & D Bancorp has a twelve month low of $41.00 and a twelve month high of $61.21. The firm has a market cap of $267.48 million, a PE ratio of 12.91 and a beta of 0.59. The business has a fifty day simple moving average of $47.76 and a two-hundred day simple moving average of $49.90. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share for the quarter. Fidelity D & D Bancorp had a return on equity of 10.49% and a net margin of 16.50%.

Insider Activity

In related news, Chairman Brian J. Cali acquired 880 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was purchased at an average cost of $44.00 per share, for a total transaction of $38,720.00. Following the purchase, the chairman now directly owns 403,439 shares of the company’s stock, valued at $17,751,316. This trade represents a 0.22 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 21.00% of the company’s stock.

About Fidelity D & D Bancorp

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.