Logansport Financial (OTCMKTS:LOGN) Trading Down 2.3%

Logansport Financial Corp. (OTCMKTS:LOGN) was down 2.3% on Wednesday . The company traded as low as $31.25 and last traded at $31.25. Approximately 2,200 shares changed hands during mid-day trading, an increase of 482% from the average daily volume of 378 shares. The stock had previously closed at $32.00.

Logansport Financial Stock Performance

The business has a 50 day moving average price of $31.30 and a two-hundred day moving average price of $30.59. The company has a market cap of $19.13 million, a P/E ratio of 13.13 and a beta of 0.31.

Logansport Financial (OTCMKTS:LOGN) last released its earnings results on Wednesday, July 17th. The company reported $0.57 earnings per share for the quarter. The company had revenue of $1.81 million during the quarter.

Logansport Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date is Friday, September 13th. Logansport Financial’s dividend payout ratio (DPR) is presently 75.63%.

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.