Logansport Financial Corp. (OTCMKTS:LOGN) to Issue Dividend Increase – $0.35 Per Share

Logansport Financial Corp. (OTCMKTS:LOGN) announced a quarterly dividend on Tuesday, February 13th, Zacks reports. Investors of record on Tuesday, March 13th will be given a dividend of 0.35 per share on Friday, April 13th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date of this dividend is Monday, March 12th. This is an increase from Logansport Financial’s previous quarterly dividend of $0.30.

Logansport Financial (OTCMKTS:LOGN) traded up $1.22 on Wednesday, hitting $41.25. 421 shares of the company were exchanged, compared to its average volume of 601. Logansport Financial has a 1-year low of $38.30 and a 1-year high of $43.95. The company has a market cap of $32.33, a PE ratio of 12.77 and a beta of 0.16.

Logansport Financial (OTCMKTS:LOGN) last released its quarterly earnings results on Wednesday, January 31st. The company reported $0.81 earnings per share for the quarter. The company had revenue of $1.88 million during the quarter.

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About Logansport Financial

Logansport Financial Corp. is a parent company of Logansport Savings Bank. The Bank offers personal banking, personal lending and business banking. The Bank’s Personal Banking includes Internet and mobile banking, checking services, savings and certificates of deposits (CD) services, savings and CD rates, savings calculator, health savings accounts, overdraft advantage and Federal Deposit Insurance Corporation (FDIC) insurance.

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