FDBC dividend – Fidelity D&D Bancorp Increases Quarterly Dividend by 9.1%, Yielding 3.09%

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FDBC dividend – Fidelity ($NASDAQ:FDBC) D&D Bancorp (FDBC) has declared a quarterly dividend of $0.36 per share, a 9.1% increase from its prior dividend of $0.33. This dividend is payable on March 10 to shareholders of record on February 17, with an ex-dividend date of February 16. The forward yield of this dividend is 3.09%. On the FDBC Dividend Scorecard, Yield Chart, and Dividend Growth, please visit Seeking Alpha’s news article at the following link: https://seekingalpha.com/news/3925680-fidelity-d-and-d-bancorp-inc-declares-missing-dividend?utm_source=vi.app&utm_medium=referral. Fidelity D&D Bancorp is a financial services company that offers asset management, commercial banking, consumer banking, and wealth management services. It serves customers in the United States and abroad and is headquartered in Boston, Massachusetts. FDBC has a long history of providing exceptional financial services and products to its clients. The company has earned a reputation for providing innovative financial solutions and has been recognized by leading industry publications such as Forbes and Money Magazine. FDBC’s dividend increase is in line with the company’s commitment to providing shareholders with a steady return on their investments. The dividend increase is also part of the company’s larger strategy of rewarding shareholders through its consistent dividend payments.

Additionally, FDBC has been able to increase its dividend payments year over year due to increased profitability and strong cash flow. Overall, the company’s dividend increase is a positive sign for its investors. FDBC’s commitment to rewarding shareholders with a steady income stream makes it an attractive stock for those looking for reliable income from their investments. Furthermore, the company’s commitment to increasing its dividend payments over time is indicative of its strong financial position and should provide investors with peace of mind when investing in FDBC.

Dividends – FDBC dividend

FIDELITY D & D BANCORP has recently announced an increase in its quarterly dividend by 9.1%, yielding 3.09%. Consequently, the dividend yield from 2020 to 2022 is expected to be 2.88%, 2.34%, and 2.4% respectively, for an average dividend yield of 2.54%. If you are looking to invest in dividend stocks, then FIDELITY D & D BANCORP should definitely be on your list of considerations.

The company’s commitment to providing consistent dividends is evident in its history of issuing dividends over the past three years. Furthermore, with a yield of 3.09% and an average dividend yield of 2.54%, FIDELITY D & D BANCORP is offering investors a great return on their investment.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for FDBC. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for FDBC. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for FDBC. More…

Key Ratios Snapshot

Some of the financial key ratios for FDBC are shown below. More…

Price History

The stock opened at $46.8 and closed at $46.6, up 1.0% from its last closing price of $46.2. The dividend increase is a positive sign for shareholders, as the company has been able to increase its dividend without affecting its financial standing. The increase reflects the company’s commitment to delivering value to investors and the confidence it has in its ability to generate strong returns. The increased dividend will benefit existing shareholders, as well as those looking to invest in FIDELITY D & D BANCORP.

The increased dividend also signals a commitment to shareholder rewards and suggests that the company is confident about its future prospects. The dividend is payable quarterly, and is expected to be a reliable source of income for shareholders. With the increased dividend, the company is likely to attract more investors and benefit existing shareholders. Live Quote…

VI Analysis – FDBC Intrinsic Value

FIDELITY D & D BANCORP is a company whose long-term potential can be assessed by analyzing its fundamentals. According to the VI app, the intrinsic value of FIDELITY D & D BANCORP’s stock is around $60.3, yet it is currently being traded at $46.6 – representing a 23% undervaluation. This suggests that investors may find the stock to be an attractive opportunity. Investors should consider the company’s financials before investing. FIDELITY D & D BANCORP’s balance sheet should be examined to assess its liquidity and solvency, as well as its ability to meet its short and long-term obligations. Additionally, investors should assess the company’s income statement to understand its profitability and cash flow. It is also important to evaluate FIDELITY D & D BANCORP’s competitive position in the industry, as well as its management team and corporate culture. Investors should also consider the company’s valuation relative to its peers and the broader market. Using metrics such as price to earnings, price to book, and other multiples can provide insight into whether FIDELITY D & D BANCORP is over or undervalued. Furthermore, investors should note the company’s dividend yield, which can provide insight into the company’s overall performance. Overall, FIDELITY D & D BANCORP appears to be an attractive investment opportunity given its current undervaluation. Investors should thoroughly analyze the company’s fundamentals and market position prior to making any decisions. More…

VI Peers

Fidelity D & D Bancorp Inc is a bank holding company. The Company’s principal business is to serve as a holding company for its subsidiaries that engage in the business of banking. The Company operates through its subsidiary, Fidelity Bank (the Bank). The Bank is engaged in the business of commercial banking and providing a range of banking services to individuals, businesses and industries. The Company’s primary competitors are United Community Banks Inc, HV Bancorp Inc and Wilson Bank Holding Co.

– United Community Banks Inc ($NASDAQ:UCBI)

United Community Banks Inc. is a bank holding company headquartered in Blairsville, Georgia, with $12.9 billion in assets as of December 31, 2020. The Company operates through its subsidiary banks, United Community Bank, N.A., with branches located throughout the southeastern United States. The Company offers a full range of banking services including personal banking, small business banking, corporate banking, investment banking, mortgage banking, and insurance.

– HV Bancorp Inc ($NASDAQ:HVBC)

HV Bancorp Inc is a holding company for Heritage Valley Federal Credit Union. The Credit Union provides a full range of financial services to members in Beaver, Allegheny, and Lawrence Counties in Pennsylvania through its eleven branch locations. HV Bancorp Inc has a market cap of 57.26M as of 2022.

– Wilson Bank Holding Co ($OTCPK:WBHC)

As of 2022, Wilson Bank Holding Co has a market cap of 401.05M. The company operates through its subsidiaries, Wilson Bank and Trust, Lebanon, Tennessee and Volunteer State Bank, Gallatin, Tennessee. Wilson Bank and Trust provides a range of banking services to individual and corporate customers in Wilson, Davidson, Rutherford, Smith, and Trousdale counties of Tennessee. Volunteer State Bank provides banking services in Sumner and surrounding counties in Tennessee.

Summary

Fidelity D & D Bancorp recently announced a quarterly dividend increase of 9.1%, yielding an annual yield of 3.09%. This is a positive sign for investors, as it indicates that the company is financially secure and profitable. The increase in dividend payments is also a sign of confidence in the company’s future prospects.

This provides investors with a reliable source of income, as well as potential capital appreciation. Investors should consider Fidelity D & D Bancorp for their investment portfolio as the dividend yield and financial stability is attractive.