Ottawa Bancorp (OTCMKTS:OTTW) Trading Up 1.7% – Here’s What Happened

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

Ottawa Bancorp Price Performance

The company’s 50-day simple moving average is $14.70 and its 200-day simple moving average is $13.92. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $36.22 million, a price-to-earnings ratio of 82.78 and a beta of 0.35.

Ottawa Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th were issued a $0.11 dividend. 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.