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

Inter & Co, Inc. (NASDAQ:INTR) declared an annual dividend on Thursday, February 6th,Wall Street Journal reports. Investors of record on Monday, February 17th will be paid a dividend of 0.08 per share on Wednesday, February 26th. This represents a yield of 0.5%. The ex-dividend date of this dividend is Friday, February 14th.

Inter & Co, Inc. Stock Down 2.0 %

Inter & Co, Inc. stock opened at $5.14 on Wednesday. The stock has a 50 day moving average of $4.59 and a two-hundred day moving average of $5.91. Inter & Co, Inc. has a twelve month low of $3.88 and a twelve month high of $7.84. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 13.09 and a beta of 1.32. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01.

Inter & Co, Inc. (NASDAQ:INTR) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. Inter & Co, Inc. had a return on equity of 10.10% and a net margin of 11.74%. As a group, research analysts expect that Inter & Co, Inc. will post 0.48 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. dropped their price target on shares of Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating on the stock in a research note 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.