Fidelity D&D Bancorp Inc. (FDBC) to Issue Quarterly Dividend of $0.43 on March 10th

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) declared a quarterly dividend on Thursday, January 22nd. Stockholders of record on Friday, February 13th will be given a dividend of 0.43 per share by the financial services provider on Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, February 13th.

Fidelity D&D Bancorp has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 10 years.

Fidelity D&D Bancorp Price Performance

NASDAQ FDBC opened at $44.10 on Friday. Fidelity D&D Bancorp has a 12 month low of $37.00 and a 12 month high of $50.00. The firm has a market capitalization of $254.46 million, a PE ratio of 9.78 and a beta of 0.95. The company’s 50 day simple moving average is $44.48 and its 200 day simple moving average is $43.95. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.82 and a quick ratio of 0.82.

Fidelity D&D Bancorp (NASDAQ:FDBC) last issued its quarterly earnings results on Wednesday, October 22nd. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. Fidelity D&D Bancorp had a return on equity of 12.10% and a net margin of 19.03%.The firm had revenue of $23.53 million during the quarter.

Insider Buying and Selling at Fidelity D&D Bancorp

In related news, CEO Daniel J. Santaniello bought 1,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were acquired at an average cost of $44.50 per share, for a total transaction of $44,500.00. Following the acquisition, the chief executive officer directly owned 60,411 shares of the company’s stock, valued at $2,688,289.50. The trade was a 1.68% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman Brian J. Cali bought 1,951 shares of Fidelity D&D Bancorp stock in a transaction dated Monday, November 10th. The shares were bought at an average cost of $44.50 per share, with a total value of $86,819.50. Following the completion of the acquisition, the chairman owned 417,771 shares of the company’s stock, valued at $18,590,809.50. The trade was a 0.47% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 21.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Fidelity D&D Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Fidelity D&D Bancorp by 0.7% during the third quarter. Vanguard Group Inc. now owns 247,519 shares of the financial services provider’s stock valued at $10,849,000 after buying an additional 1,677 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Fidelity D&D Bancorp by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 114,165 shares of the financial services provider’s stock valued at $5,253,000 after acquiring an additional 1,945 shares in the last quarter. Fidelity D & D Bancorp Inc. boosted its stake in Fidelity D&D Bancorp by 14.4% in the 2nd quarter. Fidelity D & D Bancorp Inc. now owns 113,729 shares of the financial services provider’s stock worth $5,232,000 after purchasing an additional 14,327 shares during the period. Citadel Advisors LLC grew its position in Fidelity D&D Bancorp by 65.0% during the 3rd quarter. Citadel Advisors LLC now owns 19,764 shares of the financial services provider’s stock worth $866,000 after purchasing an additional 7,789 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new position in Fidelity D&D Bancorp during the 2nd quarter worth approximately $679,000. Institutional investors and hedge funds own 20.05% of the company’s stock.

About Fidelity D&D Bancorp

Fidelity D&D Bancorp, Inc is the bank holding company for Fidelity Deposit & Discount Bank, a New York–chartered community bank headquartered in Melville, New York. Through its banking subsidiary, the company offers a broad range of deposit and lending products designed to meet the needs of individuals, small businesses and commercial clients throughout Long Island’s Nassau and Suffolk counties.

On the deposit side, Fidelity Deposit & Discount Bank provides traditional checking and savings accounts, money market accounts and certificates of deposit.