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Stock impact report

First Internet Bancorp (NASDAQ:INBK) Has Affirmed Its Dividend Of $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
This means the annual payment will be 1.0% of the current stock price, which is lower than the industry average. 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. First Internet Bancorp's Dividend Forecasted To Be Well Covered By Earnings While yield is important, another factor to consider about a company's dividend is whether the current payout levels are feasible. 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. Using data from its latest earnings report, First Internet Bancorp's payout ratio sits at 14%, an extremely comfortable number that shows that it can pay its dividend. Looking forward, earnings per share is forecast to rise by 104.6% over the next year. If the dividend continues on this path, the future payout ratio could be 6.6% by next year, which we think can be pretty sustainable going forward. Show less Read more
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