IF Bancorp, Inc. (NASDAQ:IROQ) Increases Dividend to $0.20 Per Share

IF Bancorp, Inc. (NASDAQ:IROQ) declared a quarterly dividend on Wednesday, February 12th,RTT News reports. Shareholders of record on Friday, March 21st will be paid a dividend of 0.20 per share by the savings and loans company on Tuesday, April 15th. This represents a $0.80 annualized dividend and a yield of 3.36%. This is a positive change from IF Bancorp’s previous quarterly dividend of $0.05.

IF Bancorp has increased its dividend payment by an average of 7.2% annually over the last three years.

IF Bancorp Stock Down 0.8 %

Shares of NASDAQ IROQ opened at $23.80 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $79.73 million, a PE ratio of 25.59 and a beta of 0.49. IF Bancorp has a one year low of $14.85 and a one year high of $25.00. The business’s fifty day moving average price is $23.54 and its 200-day moving average price is $20.97.

IF Bancorp (NASDAQ:IROQ) last announced its quarterly earnings data on Thursday, January 30th. The savings and loans company reported $0.38 earnings per share (EPS) for the quarter. IF Bancorp had a return on equity of 3.99% and a net margin of 6.18%.

About IF Bancorp

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.