Free Trial

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) Increases Dividend to $0.15 Per Share

Richmond Mutual Bancorporation logo with Finance background

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI - Get Free Report) announced a quarterly dividend on Friday, February 14th,RTT News reports. Stockholders of record on Wednesday, February 26th will be paid a dividend of 0.15 per share on Wednesday, March 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.21%. This is a positive change from Richmond Mutual Bancorporation's previous quarterly dividend of $0.14.

Richmond Mutual Bancorporation has increased its dividend by an average of 26.0% per year over the last three years.

Richmond Mutual Bancorporation Stock Performance

RMBI stock traded up $0.35 during midday trading on Tuesday, reaching $14.25. The stock had a trading volume of 3,470 shares, compared to its average volume of 15,506. The firm has a fifty day simple moving average of $13.82 and a two-hundred day simple moving average of $13.31. Richmond Mutual Bancorporation has a 52-week low of $10.15 and a 52-week high of $15.15. The stock has a market cap of $155.47 million, a PE ratio of 15.66 and a beta of 0.64.

Richmond Mutual Bancorporation (NASDAQ:RMBI - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The company reported $0.24 earnings per share (EPS) for the quarter. Richmond Mutual Bancorporation had a return on equity of 6.97% and a net margin of 10.99%.

About Richmond Mutual Bancorporation

(Get Free Report)

Richmond Mutual Bancorporation, Inc operates as the bank holding company for First Bank Richmond that provides various banking services. It accepts various deposits, including savings deposit accounts, money market accounts, NOW and demand accounts, and certificates of deposit. The company also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans.

Read More

Dividend History for Richmond Mutual Bancorporation (NASDAQ:RMBI)

Should You Invest $1,000 in Richmond Mutual Bancorporation Right Now?

Before you consider Richmond Mutual Bancorporation, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Richmond Mutual Bancorporation wasn't on the list.

While Richmond Mutual Bancorporation currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines