Ottawa Bancorp, Inc. (NASDAQ:OTTW) will begin trading ex-dividend on September 1, 2020. The quarterly dividend payment of $ 0.08 per share is scheduled to be paid on September 16, 2020. The dividend yield based on the latest trading day closing price was 3.21 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Ottawa Bancorp, Inc. recently reported first quarter financial results on May 5, 2020, after market close, the Ottawa based company revealed income for the first quarter of $ 0.03 per share, from the revenue of $ 2.71 million. The quarterly earnings shrunk 13.89 percent while revenues compared with the same quarter last year.
According to street consensus, revenue of was expected for the first quarter The bottom line results street analysts by $ 0.22 or , at the same time, top line results analysts by $ 12.9 million or .
Stock Performance
Shares of Ottawa Bancorp, Inc. traded up $ 0.02 or 0.20 percent on Friday, reaching $ 9.97 with volume of 5.80 thousand shares. Ottawa Bancorp, Inc. has traded high as $ 9.97 and has cracked $ 9.90 on the downward trend
According to the previous trading day, closing price of $ 9.97, representing a 6.76 % increase from the 52 week low of $ 9.32 and a 31.38 % decrease over the 52 week high of $ 14.50.
The company has a market capital of $ 31.12 million and is part of the Financial Services sector and Banks – Regional – US industry.
Ottawa Bancorp, Inc. operates as the holding company for Ottawa Savings Bank, a chartered savings bank that provides various financial services to individual and corporate customers in Illinois. The company offers various deposit accounts, including checking, money market, regular savings, club savings, certificate, and various retirement accounts.