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

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Get Free Report) announced a quarterly dividend on Thursday, October 24th, Zacks reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.40 per share by the financial services provider on Tuesday, December 10th. This represents a $1.60 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Fidelity D & D Bancorp's previous quarterly dividend of $0.38.

Fidelity D & D Bancorp has increased its dividend by an average of 8.6% per year over the last three years and has raised its dividend every year for the last 9 years.

Fidelity D & D Bancorp Price Performance

Shares of NASDAQ:FDBC traded down $1.50 on Friday, hitting $50.50. The company had a trading volume of 4,085 shares, compared to its average volume of 7,734. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04. Fidelity D & D Bancorp has a 52-week low of $41.10 and a 52-week high of $60.85. The business has a 50 day moving average of $50.66 and a 200 day moving average of $48.05. The company has a market cap of $289.87 million, a PE ratio of 18.36 and a beta of 0.59.

Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter. Fidelity D & D Bancorp had a return on equity of 11.27% and a net margin of 14.14%. The business had revenue of $32.28 million for the quarter. During the same quarter in the prior year, the company earned $0.93 earnings per share.

Insider Buying and Selling

In related news, CEO Daniel J. Santaniello sold 500 shares of the stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $53.00, for a total transaction of $26,500.00. Following the transaction, the chief executive officer now directly owns 54,882 shares in the company, valued at approximately $2,908,746. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Daniel J. Santaniello sold 759 shares of the stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $52.90, for a total value of $40,151.10. Following the completion of the sale, the chief executive officer now owns 55,382 shares in the company, valued at approximately $2,929,707.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Daniel J. Santaniello sold 500 shares of the stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $53.00, for a total value of $26,500.00. Following the completion of the sale, the chief executive officer now owns 54,882 shares of the company's stock, valued at approximately $2,908,746. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,500 shares of company stock worth $182,547. 21.00% of the stock is owned by company insiders.

Fidelity D & D Bancorp Company Profile

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.