First Savings Financial Group, Inc. (NASDAQ:FSFG) Plans Quarterly Dividend of $0.16

First Savings Financial Group, Inc. (NASDAQ:FSFG) announced a quarterly dividend on Monday, December 1st. Investors of record on Monday, December 15th will be given a dividend of 0.16 per share by the bank on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Monday, December 15th.

First Savings Financial Group has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 12 years. First Savings Financial Group has a payout ratio of 18.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect First Savings Financial Group to earn $2.60 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 24.6%.

First Savings Financial Group Price Performance

Shares of FSFG traded down $0.08 during mid-day trading on Tuesday, reaching $31.27. The company had a trading volume of 442 shares, compared to its average volume of 21,282. The company has a market capitalization of $218.45 million, a price-to-earnings ratio of 9.46 and a beta of 0.54. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.12 and a current ratio of 1.16. The company’s 50 day simple moving average is $30.41 and its 200 day simple moving average is $27.72. First Savings Financial Group has a 1-year low of $21.63 and a 1-year high of $33.00.

First Savings Financial Group (NASDAQ:FSFG) last issued its quarterly earnings results on Thursday, October 30th. The bank reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06. First Savings Financial Group had a return on equity of 11.73% and a net margin of 15.82%.The company had revenue of $21.79 million during the quarter, compared to analysts’ expectations of $17.21 million. Analysts expect that First Savings Financial Group will post 2.45 EPS for the current year.

First Savings Financial Group Company Profile

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.