Ottawa Bancorp (OTCMKTS:OTTW) Shares Up 1.7% – Time to Buy?

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

Ottawa Bancorp Stock Performance

The business has a fifty day moving average price of $14.70 and a 200-day moving average price of $13.95. The stock has a market capitalization of $35.74 million, a P/E ratio of 81.67 and a beta of 0.35. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.73.

Ottawa Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th were given a dividend of $0.11 per share. The ex-dividend date was Wednesday, December 4th. This represents a $0.44 dividend on an annualized basis and a yield of 2.99%. Ottawa Bancorp’s dividend payout ratio (DPR) is 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.