MutualFirst Financial, Inc. (NASDAQ:MFSF) announced a quarterly dividend on Friday, February 23rd, Wall Street Journal reports. Investors of record on Friday, March 9th will be paid a dividend of 0.18 per share by the bank on Friday, March 23rd. This represents a $0.72 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Thursday, March 8th.
Shares of MutualFirst Financial (NASDAQ:MFSF) opened at $35.85 on Friday. The stock has a market capitalization of $262.69, a P/E ratio of 21.86, a P/E/G ratio of 3.00 and a beta of 0.18. MutualFirst Financial has a 12-month low of $30.75 and a 12-month high of $40.50. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.01 and a current ratio of 1.01.
MutualFirst Financial (NASDAQ:MFSF) last issued its quarterly earnings results on Friday, February 2nd. The bank reported $0.46 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.03). The company had revenue of $17.04 million for the quarter, compared to analyst estimates of $17.20 million. MutualFirst Financial had a return on equity of 9.78% and a net margin of 16.00%. analysts forecast that MutualFirst Financial will post 2.37 EPS for the current fiscal year.
In other MutualFirst Financial news, insider Charles J. Viater sold 1,300 shares of the firm’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $39.05, for a total value of $50,765.00. Following the sale, the insider now owns 184,437 shares of the company’s stock, valued at approximately $7,202,264.85. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jerry Dean Mcvicker sold 3,870 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $39.25, for a total value of $151,897.50. Following the completion of the sale, the director now directly owns 36,550 shares in the company, valued at approximately $1,434,587.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,691 shares of company stock worth $410,300. Company insiders own 11.30% of the company’s stock.
WARNING: “MutualFirst Financial, Inc. (MFSF) Declares Quarterly Dividend of $0.18” was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this piece on another site, it was stolen and republished in violation of United States and international copyright law. The legal version of this piece can be accessed at https://sportsperspectives.com/2018/02/24/mutualfirst-financial-inc-mfsf-declares-quarterly-dividend-of-0-18.html.
About MutualFirst Financial
MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.
Receive News & Ratings for MutualFirst Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MutualFirst Financial and related companies with MarketBeat.com's FREE daily email newsletter.