Ottawa Bancorp (OTCMKTS:OTTW) Stock Price Up 0.3% – Here’s Why

Ottawa Bancorp, Inc. (OTCMKTS:OTTW)’s share price traded up 0.3% on Thursday . The stock traded as high as $14.55 and last traded at $14.55. 100 shares changed hands during trading, a decline of 93% from the average session volume of 1,450 shares. The stock had previously closed at $14.50.

Ottawa Bancorp Stock Performance

The company’s fifty day moving average price is $14.31 and its two-hundred day moving average price is $14.52. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.73. The company has a market cap of $35.21 million, a price-to-earnings ratio of 46.94 and a beta of 0.34.

Ottawa Bancorp (OTCMKTS:OTTW) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.21 EPS for the quarter. Ottawa Bancorp had a return on equity of 1.83% and a net margin of 4.35%.

Ottawa Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 3.02%. The ex-dividend date is Wednesday, March 5th. Ottawa Bancorp’s dividend payout ratio is 141.94%.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.