Fidelity D&D Bancorp Boosts Dividend by 9.1%

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FDBC Intrinsic Value – Fidelity ($NASDAQ:FDBC) D&D Bancorp is a bank holding company that operates through its subsidiary, Fidelity Bank. The company offers a range of banking services to individuals, businesses, and nonprofit organizations in the United States. Fidelity D&D Bancorp has declared a quarterly dividend of $0.36 per share, a 9.1% increase from the prior dividend of $0.33.

The dividend is payable on December 9 to shareholders of record on November 18, with an ex-dividend date of November 17. The company has a long history of paying dividends, and the recent increase is in line with its commitment to shareholder value. With a strong balance sheet and a healthy outlook, Fidelity D&D Bancorp is well-positioned to continue delivering value to its shareholders.

Dividends

Fidelity D&D Bancorp has increased its dividend by 9.1% for the second quarter of its 2022 fiscal year. This marks the third consecutive year that the company has increased its dividend. The new dividend per share is 1.29 USD, up from 1.23 USD last year and 1.14 USD the year before. With a dividend yield of 2.65%, Fidelity D&D Bancorp is now one of the more attractive dividend stocks on the market. The bank has a long history of paying dividends, and has increased its dividend for each of the last three years.

In addition, the bank has a strong balance sheet and is well-capitalized. Investors looking for dividend stocks may want to consider Fidelity D&D Bancorp. With a history of paying dividends and a strong balance sheet, the bank looks like a good option for income investors.

Price History

“We are pleased to announce our fourth consecutive quarterly dividend increase,” said David W. Kay, President and CEO of Fidelity D&D Bancorp, Inc. “This action reflects our confidence in the future of the Company and our commitment to shareholder value.” Fidelity D&D Bancorp, Inc. is the holding company for Fidelity Deposit & Discount Bank.

VI Analysis – FDBC Intrinsic Value

FIDELITY D & D BANCORP’s long-term potential is reflected in its fundamentals, which are made simple by the VI app. However, the stock is currently traded at $43.3, which represents a 31% discount to its fair value.

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 is a regional bank headquartered in Pennsylvania. Fidelity D&D Bancorp is a publicly traded company listed on the Nasdaq Global Select Market under the ticker symbol “FDEF.” Fidelity D&D Bancorp is a regional bank with a strong focus on customer service. Fidelity D&D Bancorp is a regional bank with a strong focus on customer service.

Fidelity D&D Bancorp is a regional bank with a strong focus on customer service. Fidelity D&D Bancorp is a regional bank with a strong focus on customer service. Fidelity D&D Bancorp is a regional bank with a strong focus on customer service.