Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) Announces Quarterly Dividend of $0.15

Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) declared a quarterly dividend on Friday, May 22nd. Investors of record on Wednesday, June 3rd will be paid a dividend of 0.15 per share on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, June 3rd.

Richmond Mutual Bancorporation has raised its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Richmond Mutual Bancorporation Price Performance

Shares of RMBI opened at $14.52 on Monday. Richmond Mutual Bancorporation has a 12-month low of $12.77 and a 12-month high of $16.03. The business’s fifty day moving average is $14.31 and its 200 day moving average is $14.04. The stock has a market cap of $152.46 million, a P/E ratio of 11.62 and a beta of 0.33.

Richmond Mutual Bancorporation (NASDAQ:RMBI) last issued its earnings results on Thursday, April 23rd. The company reported $0.28 earnings per share (EPS) for the quarter. Richmond Mutual Bancorporation had a return on equity of 8.80% and a net margin of 13.56%.The company had revenue of $12.74 million for the quarter.

Richmond Mutual Bancorporation Company Profile

Richmond Mutual Bancorporation is the bank holding company for The Richmond Savings Bank, a mutual savings institution chartered in New Hampshire. Through its subsidiary, the company offers a full range of deposit and loan products to individuals, families and small businesses. Its core services include checking and savings accounts, money market accounts, certificates of deposit and consumer lending solutions such as residential mortgages, home equity lines of credit and personal installment loans.