Inter & Co, Inc. (INTR) to Issue Annual Dividend of $0.08 on February 26th

Inter & Co, Inc. (NASDAQ:INTR) announced an annual dividend on Thursday, February 6th,Wall Street Journal reports. Shareholders of record on Monday, February 17th will be paid a dividend of 0.08 per share on Wednesday, February 26th. This represents a yield of 0.5%. The ex-dividend date is Friday, February 14th.

Inter & Co, Inc. Stock Down 4.7 %

Shares of NASDAQ:INTR opened at $5.25 on Wednesday. The company’s fifty day moving average is $4.59 and its 200-day moving average is $5.91. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.87. Inter & Co, Inc. has a 52 week low of $3.88 and a 52 week high of $7.84. The company has a market capitalization of $2.28 billion, a PE ratio of 13.46 and a beta of 1.32.

Inter & Co, Inc. (NASDAQ:INTR) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.10%. Equities research analysts predict that Inter & Co, Inc. will post 0.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reduced their price objective on Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating on the stock in a research note on Friday, January 24th.

About Inter & Co, Inc.

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.