Inter & Co, Inc. to Issue Annual Dividend of $0.08 (NASDAQ:INTR)

Inter & Co, Inc. (NASDAQ:INTR) declared an annual dividend on Monday, February 10th,Wall Street Journal reports. Stockholders of record on Monday, February 17th will be paid a dividend of 0.08 per share on Wednesday, February 26th. This represents a dividend yield of 0.5%. The ex-dividend date is Friday, February 14th.

Inter & Co, Inc. Trading Up 3.6 %

NASDAQ INTR opened at $5.51 on Tuesday. The company’s 50-day simple moving average is $4.58 and its two-hundred day simple moving average is $5.92. Inter & Co, Inc. has a one year low of $3.88 and a one year high of $7.84. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 14.13 and a beta of 1.32. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.87.

Inter & Co, Inc. (NASDAQ:INTR) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.10%. Equities analysts forecast that Inter & Co, Inc. will post 0.48 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. dropped their price objective on Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating on the stock in a research report on Friday, January 24th.

About Inter & Co, Inc.

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.