First Defiance Financial Corp. Announces Quarterly Dividend of $0.30 (FDEF)

First Defiance Financial Corp. (NASDAQ:FDEF) announced a quarterly dividend on Monday, April 16th, RTT News reports. Stockholders of record on Friday, May 18th will be paid a dividend of 0.30 per share by the savings and loans company on Friday, May 25th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.05%.

Shares of FDEF traded up $1.15 during mid-day trading on Monday, reaching $58.62. The company had a trading volume of 26,561 shares, compared to its average volume of 30,420. First Defiance Financial has a 52-week low of $47.01 and a 52-week high of $59.85. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $585.18, a price-to-earnings ratio of 16.70 and a beta of 0.86.

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First Defiance Financial (NASDAQ:FDEF) last issued its earnings results on Monday, January 22nd. The savings and loans company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.05. First Defiance Financial had a return on equity of 9.59% and a net margin of 21.77%. The firm had revenue of $35.28 million for the quarter, compared to the consensus estimate of $35.00 million. equities analysts anticipate that First Defiance Financial will post 4.07 EPS for the current fiscal year.

A number of analysts have recently commented on FDEF shares. BidaskClub upgraded First Defiance Financial from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 30th. Zacks Investment Research downgraded First Defiance Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, March 27th. Sandler O’Neill reiterated a “buy” rating and set a $64.00 price target on shares of First Defiance Financial in a research report on Tuesday, January 23rd. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $60.00 price target on shares of First Defiance Financial in a research report on Friday, December 22nd. Finally, ValuEngine downgraded First Defiance Financial from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. First Defiance Financial presently has a consensus rating of “Buy” and a consensus target price of $62.00.

In other First Defiance Financial news, insider John R. Reisner sold 850 shares of the stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $58.17, for a total transaction of $49,444.50. Following the completion of the transaction, the insider now owns 4,729 shares of the company’s stock, valued at $275,085.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark Andrew Robison bought 1,071 shares of First Defiance Financial stock in a transaction on Thursday, February 1st. The shares were purchased at an average cost of $55.70 per share, with a total value of $59,654.70. The disclosure for this purchase can be found here. Insiders have sold 3,393 shares of company stock worth $193,263 in the last quarter. 3.14% of the stock is currently owned by company insiders.

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First Defiance Financial Company Profile

First Defiance Financial Corp. operates as a unitary thrift holding company that provides community-based financial services in northwest Ohio, northeast Indiana, and southeastern Michigan. It offers checking accounts, money market accounts, savings accounts, term certificate accounts, and certificates of deposit, as well as Certificate of Deposit Account Registry Service; and consumer finance, 1-4 family residential real estate, commercial real estate, construction, consumer, commercial, and home equity and improvement loans.

Dividend History for First Defiance Financial (NASDAQ:FDEF)

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