IF Bancorp to Issue Semiannual Dividend of $0.10 (IROQ)

IF Bancorp (NASDAQ:IROQ) declared a semiannual dividend on Thursday, February 15th, Wall Street Journal reports. Shareholders of record on Friday, March 23rd will be paid a dividend of 0.10 per share by the savings and loans company on Friday, April 13th. This represents a yield of 1.01%. The ex-dividend date is Thursday, March 22nd.

IROQ remained flat at $$20.00 during midday trading on Friday. The company’s stock had a trading volume of 25 shares, compared to its average volume of 4,347. The firm has a market cap of $78.81, a P/E ratio of 24.69 and a beta of 0.19. IF Bancorp has a 52-week low of $19.10 and a 52-week high of $20.45. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.01 and a quick ratio of 1.01.

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IF Bancorp (NASDAQ:IROQ) last announced its earnings results on Wednesday, January 31st. The savings and loans company reported $0.16 EPS for the quarter. The firm had revenue of $5.42 million for the quarter. IF Bancorp had a return on equity of 3.59% and a net margin of 6.40%.

Separately, TheStreet downgraded IF Bancorp from a “b” rating to a “c+” rating in a research note on Monday, March 5th.

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IF Bancorp Company Profile

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 solutions 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.

Dividend History for IF Bancorp (NASDAQ:IROQ)

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