Ottawa Bancorp (OTCMKTS:OTTW) Trading Down 0.2% – What’s Next?

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) traded down 0.2% during trading on Friday . The stock traded as low as $14.32 and last traded at $14.32. 200 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 767 shares. The stock had previously closed at $14.35.

Ottawa Bancorp Stock Performance

The stock’s 50-day moving average price is $14.67 and its 200-day moving average price is $14.23. The company has a market capitalization of $34.65 million, a price-to-earnings ratio of 79.56 and a beta of 0.35. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.14 and a current ratio of 1.14.

Ottawa Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend was Wednesday, December 4th. Ottawa Bancorp’s dividend payout ratio is currently 244.44%.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.