Ottawa Bancorp (OTCMKTS:OTTW) Shares Up 0.3% – Still a Buy?

Ottawa Bancorp, Inc. (OTCMKTS:OTTW)’s share price rose 0.3% on Thursday . The stock traded as high as $14.55 and last traded at $14.55. Approximately 100 shares were traded during trading, a decline of 93% from the average daily volume of 1,450 shares. The stock had previously closed at $14.50.

Ottawa Bancorp Stock Performance

The stock’s fifty day moving average is $14.31 and its 200-day moving average is $14.52. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.73. The stock has a market cap of $35.21 million, a price-to-earnings ratio of 46.94 and a beta of 0.34.

Ottawa Bancorp (OTCMKTS:OTTW) last released its quarterly earnings data on Friday, February 7th. The company reported $0.21 EPS for the quarter. Ottawa Bancorp had a net margin of 4.35% and a return on equity of 1.83%.

Ottawa Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Wednesday, March 5th. Ottawa Bancorp’s dividend payout ratio (DPR) is presently 141.94%.

About Ottawa Bancorp

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.