Logansport Financial (OTCMKTS:LOGN) Stock Price Up 0.8% – Here’s Why

Logansport Financial Corp. (OTCMKTS:LOGN)’s share price rose 0.8% during mid-day trading on Thursday . The company traded as high as $29.75 and last traded at $29.75. Approximately 200 shares changed hands during trading, a decline of 65% from the average daily volume of 567 shares. The stock had previously closed at $29.51.

Logansport Financial Price Performance

The firm has a market capitalization of $18.24 million, a P/E ratio of 14.51 and a beta of 0.31. The company’s 50 day moving average is $29.19 and its 200-day moving average is $29.90.

Logansport Financial (OTCMKTS:LOGN) last released its earnings results on Wednesday, February 12th. The company reported $0.73 earnings per share (EPS) for the quarter.

Logansport Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, March 13th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, March 13th. This represents a $1.80 dividend on an annualized basis and a yield of 6.05%. Logansport Financial’s dividend payout ratio (DPR) is presently 87.80%.

About Logansport Financial

Logansport Financial Corp. operates as the holding company for Logansport Savings Bank that provides various banking products and services to individuals and businesses in Cass County, Indiana. The company’s personal banking products and services include checking accounts, rite accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, and individual retirement accounts; mortgage, home equity lines of credit, home improvement, construction, commercial buildings, farm, consumer, education, and car loans, as well as loans for single family and multi-family dwellings; and overdraft, and internet and mobile banking services.