First Bancorp of Indiana Inc. Announces Quarterly Cash Dividend Payable on or about June 15, 2016
May 23, 2016 at 06:30 am EDT
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The Board of Directors of First Bancorp of Indiana Inc. has declared a quarterly cash dividend of $0.155 per share, payable to stockholders of record as of May 31, 2016. The dividend will be paid on or about June 15, 2016. The annual dividend rate on this quarterly declaration is unchanged from the preceding quarter and results in an annualized dividend yield of 3.88% based on the $16.00 share price for the last reported trade as of May 19, 2016.
First Bancorp of Indiana, Inc. is a bank holding company. The Companyâs principal activity is the ownership and management of its wholly owned subsidiary, First Federal Savings Bank (the bank). The Bank provides a variety of banking services to individuals and business customers through nine full-service locations in southwestern Indiana and one loan production office in Henderson, Kentucky. The Bank operates some of its branches under Home Building Savings Bank, a division of the Bank. The Bankâs deposit products include certificates of deposit, checking accounts, health savings accounts, individual retirement account, money market accounts and savings accounts. Its loan products include consumer loans, mortgage loans and home equity loans, among others. The Bankâs e-banking services include First Direct Online Banking, First BillPay, Zelle, Mobile Banking, Digital Wallet, Mobile Check Deposit and eStatements. It is also engaged in treasury management and business lending services.
FIRST BANCORP OF INDIANA, INC. 
