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

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 given a dividend of 0.40 per share by the financial services provider on Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Friday, February 14th.

Fidelity D & D Bancorp has increased its dividend by an average of 7.8% annually over the last three years.

Fidelity D & D Bancorp Trading Up 2.4 %

Shares of NASDAQ FDBC opened at $46.60 on Wednesday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average of $47.76 and a two-hundred day moving average of $49.90. Fidelity D & D Bancorp has a 1-year low of $41.00 and a 1-year high of $61.21. The company has a market cap of $267.48 million, a PE ratio of 12.91 and a beta of 0.59.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its earnings results on Wednesday, January 29th. The financial services provider reported $1.01 EPS 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 other news, Chairman Brian J. Cali acquired 880 shares of Fidelity D & D Bancorp stock in a transaction that occurred on Monday, February 3rd. The shares were acquired at an average price of $44.00 per share, with a total value 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. The trade was a 0.22 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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.