Ottawa Bancorp (OTCMKTS:OTTW) Trading 1.7% Higher – Here’s Why

Shares of Ottawa Bancorp, Inc. (OTCMKTS:OTTW) traded up 1.7% on Wednesday . The company traded as high as $14.90 and last traded at $14.90. 115 shares changed hands during trading, a decline of 96% from the average session volume of 3,265 shares. The stock had previously closed at $14.65.

Ottawa Bancorp Trading Up 1.7 %

The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.73. The company has a market cap of $36.22 million, a P/E ratio of 82.78 and a beta of 0.35. The business has a 50-day moving average price of $14.70 and a two-hundred day moving average price of $13.92.

Ottawa Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th were issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Wednesday, December 4th. Ottawa Bancorp’s dividend payout ratio is currently 244.44%.

About Ottawa Bancorp

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.