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Northeast Indiana Bancorp announces USD0.50 special USD0.50 dividend.

BANKING AND CREDIT NEWS-November 29, 2016-Northeast Indiana Bancorp announces USD0.50 special USD0.50 dividend

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Huntington, Indiana-based Northeast Indiana Bancorp, Inc., (OTCQB: NIDB) board of directors has declared a special cash dividend of USD0.50 per share on the company's common stock, the company said.

The record date will be December 6, 2016 and the payment date will be December 20, 2016.

The book value of NIDB's stock was USD28.70 per common share as of October 31, 2016 with 1,207,379 shares outstanding.

Northeast Indiana Bancorp, Inc., the parent company of First Federal Savings Bank, offers a full array of banking and financial brokerage services to its customers through its main office in Huntington and five full-service Indiana offices in Huntington, Warsaw, and Fort Wayne.

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:1U3IN
Date:Nov 29, 2016
Words:146
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