Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Announces Quarterly Dividend of $0.11

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) announced a quarterly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Wednesday, December 4th will be paid a dividend of 0.11 per share on Wednesday, December 18th. This represents a $0.44 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend is Wednesday, December 4th.

Ottawa Bancorp Price Performance

Shares of OTCMKTS OTTW traded up $0.05 during mid-day trading on Thursday, hitting $14.80. 1,077 shares of the company’s stock traded hands, compared to its average volume of 3,317. The company’s 50-day moving average is $14.71 and its two-hundred day moving average is $13.45. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.15. The company has a market capitalization of $36.70 million, a P/E ratio of 82.22 and a beta of 0.36. Ottawa Bancorp has a 1 year low of $10.82 and a 1 year high of $14.95.

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.