First Capital, Inc. (NASDAQ:FCAP) Declares Quarterly Dividend of $0.26

First Capital, Inc. (NASDAQ:FCAPGet Rating) declared a quarterly dividend on Tuesday, November 22nd, Zacks reports. Stockholders of record on Friday, December 16th will be paid a dividend of 0.26 per share by the savings and loans company on Friday, December 30th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date is Thursday, December 15th.

First Capital has raised its dividend payment by an average of 4.2% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

First Capital Trading Up 0.4 %

Shares of NASDAQ FCAP traded up $0.10 during trading hours on Thursday, reaching $24.17. The stock had a trading volume of 3,243 shares, compared to its average volume of 1,501. First Capital has a 52-week low of $23.44 and a 52-week high of $42.94. The firm has a market cap of $81.45 million, a price-to-earnings ratio of 7.26 and a beta of 0.22. The business’s fifty day moving average price is $25.24 and its two-hundred day moving average price is $28.43.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FCAP. State Street Corp grew its stake in First Capital by 10.6% in the first quarter. State Street Corp now owns 9,576 shares of the savings and loans company’s stock valued at $370,000 after purchasing an additional 920 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of First Capital by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 19,933 shares of the savings and loans company’s stock worth $512,000 after buying an additional 683 shares during the last quarter. Finally, Millennium Management LLC raised its stake in shares of First Capital by 7.7% during the 2nd quarter. Millennium Management LLC now owns 41,914 shares of the savings and loans company’s stock worth $1,135,000 after acquiring an additional 2,996 shares in the last quarter. 10.36% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, initiated coverage on First Capital in a report on Monday. They issued a “hold” rating for the company.

About First Capital

(Get Rating)

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.

See Also

Dividend History for First Capital (NASDAQ:FCAP)

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