Ottawa Bancorp, Inc. (NASDAQ:OTTW) announced a quarterly dividend on Wednesday, March 14th, Zacks reports. Stockholders of record on Monday, March 26th will be paid a dividend of 0.05 per share by the financial services provider on Thursday, April 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Friday, March 23rd. This is a positive change from Ottawa Bancorp’s previous quarterly dividend of $0.04.

Shares of Ottawa Bancorp stock opened at $14.18 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.11 and a quick ratio of 1.11. Ottawa Bancorp has a 1 year low of $12.81 and a 1 year high of $14.99. The firm has a market cap of $47.98, a PE ratio of 27.66 and a beta of 0.39.

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Ottawa Bancorp (NASDAQ:OTTW) last issued its earnings results on Monday, February 5th. The financial services provider reported $0.11 EPS for the quarter. Ottawa Bancorp had a net margin of 6.87% and a return on equity of 3.07%. The business had revenue of $2.79 million for the quarter.

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About Ottawa Bancorp

Ottawa Bancorp, Inc operates as the holding company for Ottawa Savings Bank that provides various financial services to individual and corporate customers in the United States. The company offers various deposit accounts, including checking, money market, regular savings, club savings, certificate, and various retirement accounts.

Dividend History for Ottawa Bancorp (NASDAQ:OTTW)

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