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Stock impact report

First Internet Bancorp's (NASDAQ:INBK) Dividend Will Be $0.06 [Yahoo! Finance]

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: Yahoo! Finance
We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. Having distributed dividends for at least 10 years, First Internet Bancorp has a long history of paying out a part of its earnings to shareholders. Past distributions unfortunately do not guarantee future ones, and First Internet Bancorp's last earnings report actually showed that the company went over its net earnings in its total dividend distribution. This is very worrying for shareholders, as this shows that First Internet Bancorp will not be able to sustain its dividend at its current rate. Analysts expect a massive rise in earnings per share in the next 3 years. In addtion, they also estimate the future payout ratio could reach 4.9% in the same time period, which we would be comfortable to see continuing. See our latest analy Show less Read more
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