First Savings Financial Group, Inc. (FSFG) To Go Ex-Dividend on December 16th

First Savings Financial Group, Inc. (NASDAQ:FSFG) declared a quarterly dividend on Wednesday, November 27th,Wall Street Journal reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.15 per share by the bank on Tuesday, December 31st. This represents a $0.60 annualized dividend and a yield of 2.13%. The ex-dividend date is Monday, December 16th.

First Savings Financial Group has increased its dividend by an average of 35.2% annually over the last three years and has increased its dividend annually for the last 11 consecutive years. First Savings Financial Group has a payout ratio of 21.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect First Savings Financial Group to earn $2.75 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 21.8%.

First Savings Financial Group Stock Performance

NASDAQ:FSFG opened at $28.13 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.16 and a debt-to-equity ratio of 2.83. First Savings Financial Group has a twelve month low of $14.55 and a twelve month high of $30.94. The company has a fifty day moving average of $27.36 and a 200-day moving average of $22.88. The firm has a market capitalization of $193.53 million, a P/E ratio of 14.21 and a beta of 0.73.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on FSFG shares. Hovde Group initiated coverage on shares of First Savings Financial Group in a research report on Wednesday, September 11th. They set a “market perform” rating and a $24.00 price objective on the stock. Piper Sandler raised their price objective on First Savings Financial Group from $27.50 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Finally, StockNews.com raised First Savings Financial Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 12th.

About First Savings Financial Group

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.