
First Internet Bancorp - Fixed-
INBKZStock · quarterly payer
Forward Yield
8.06%
Annual Dividend
$2.04
Payout Ratio
—
5-Yr Growth
7.5%
Ex-Date
—
Frequency
Quarterly
Key facts about INBKZ's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, First Internet Bancorp - Fixed- (INBKZ) has a forward dividend yield of 8.06%, based on an annual dividend of $2.04 per share and a share price of $25.30.
- As of Oct 18, 2026, INBKZ's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, First Internet Bancorp - Fixed- (INBKZ) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
- INBKZ has never cut its regular dividend in the payment history SmarterDividends has on record.
- INBKZ's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.51 per share.
- INBKZ's dividend has grown at an average rate of 7.5% a year over the past five years.
- As of Oct 18, 2026, INBKZ's 8.06% yield is 14% above its five-year average yield of 7.07%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for INBKZ is $46.73 per share, 85% above the $25.30 share price, so INBKZ screens as undervalued.
- First Internet Bancorp - Fixed- (INBKZ) pays its dividend quarterly, 4 times a year.
- First Internet Bancorp - Fixed- (INBKZ) has raised its regular dividend 3 times and cut it 3 times across the 29 payments on record since 2019. Its most recent change was a 0.4% increase to $0.507 per share, going ex-dividend on Aug 14, 2026. The last cut went ex-dividend on Feb 13, 2026.
Cite this page
SmarterDividends, "INBKZ Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/INBKZ
Summary
As of Oct 18, 2026, First Internet Bancorp - Fixed- (INBKZ) yields 8.06% ($2.04 a year per share), has a dividend safety grade of C (50/100) and has 2 consecutive years of dividend increases on record.
Is INBKZ a good dividend stock?
MixedFirst Internet Bancorp - Fixed- (INBKZ) pays a quarterly dividend yielding 8.06% ($2.04/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
- Strong 7.5% 5-yr dividend growth
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.06%
- Payout Ratio
- —
- Annual Dividend
- $2.04
- 5-Yr Avg Growth
- 7.5%
- Ex-Dividend Date
- —
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -7%
- 52-Week Range
- $23.48 – $25.64
- Dividend Safety
- C · 50/100
- Ever Cut?
- No
INBKZ dividend raises and cuts
First Internet Bancorp - Fixed- (INBKZ) has raised its regular dividend 3 times and cut it 3 times across the 29 payments on record since 2019. Its most recent change was a 0.4% increase to $0.507 per share, going ex-dividend on Aug 14, 2026. The last cut went ex-dividend on Feb 13, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 14, 2026 | Raise | $0.505 → $0.507 | +0.4% |
| May 15, 2026 | Raise | $0.504 → $0.505 | +0.2% |
| Feb 13, 2026 | Cut | $0.524 → $0.504 | −3.8% |
| Nov 14, 2025 | Cut | $0.542 → $0.524 | −3.3% |
| Feb 14, 2025 | Cut | $0.568 → $0.544 | −4.2% |
| Nov 15, 2024 | Raise | $0.375 → $0.568 | +51.5% |
Frequently Asked Questions
Is INBKZ a good dividend stock?
Mixed. First Internet Bancorp - Fixed- (INBKZ) pays a quarterly dividend yielding 8.06% ($2.04/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is INBKZ undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, INBKZ's fair value is about $46.73 versus a $25.30 share price — so it looks undervalued (+85% vs. fair value).
Is INBKZ's dividend safe?
INBKZ has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is INBKZ's fair value?
Our blended fair-value estimate for INBKZ is about $46.73 per share, roughly 85% above the current $25.30 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is INBKZ a buy, hold, or sell?
We don't issue formal ratings, but on the data INBKZ screens as "mixed" and undervalued. First Internet Bancorp - Fixed- (INBKZ) pays a quarterly dividend yielding 8.06% ($2.04/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will INBKZ cut its dividend?
INBKZ earns a dividend-safety grade of C (50/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does INBKZ pay a dividend?
Yes. First Internet Bancorp - Fixed- pays a quarterly dividend of about $2.04 per share annually, a forward yield of roughly 8.06%.
What is INBKZ's dividend yield?
As of Oct 18, 2026, INBKZ's forward dividend yield is 8.06%, based on a $2.04 annual dividend and a $25.30 share price.
What is INBKZ's dividend per share?
As of Oct 18, 2026, INBKZ pays $2.04 per share per year, distributed on a quarterly basis.
How many years has INBKZ grown its dividend?
As of Oct 18, 2026, INBKZ has increased its dividend for 2 consecutive years.
When is the next INBKZ ex-dividend date?
As of Oct 18, 2026, INBKZ's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.51 per share.
INBKZ Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+20%
5 Years
-7%
52-Week Range
$23.48 – $25.64
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is INBKZ worth?
Undervaluedlow confidenceOur blended fair-value estimate for First Internet Bancorp - Fixed- is $46.73 per share, versus a market price of $25.30. That implies 85% of upside — a margin of safety of about 46%.
Fair Value
$46.73
Current Price
$25.30
Upside
+85%
Margin of Safety
46%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $2.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
INBKZ Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full INBKZ dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Sep 30, 2026 | $0.5070 | regular |
| May 15, 2026 | Jun 30, 2026 | $0.5050 | regular |
| Feb 13, 2026 | Mar 30, 2026 | $0.5040 | regular |
| Nov 14, 2025 | Dec 30, 2025 | $0.5240 | regular |
| Aug 15, 2025 | Sep 30, 2025 | $0.5420 | regular |
| May 15, 2025 | Jun 30, 2025 | $0.5420 | regular |
| Feb 14, 2025 | Mar 30, 2025 | $0.5440 | regular |
| Nov 15, 2024 | Dec 30, 2024 | $0.5680 | regular |
| Aug 15, 2024 | Sep 30, 2024 | $0.6070 | regular |
| May 14, 2024 | Jun 30, 2024 | $0.3750 | regular |
| Feb 14, 2024 | Mar 30, 2024 | $0.3750 | regular |
| Nov 14, 2023 | Dec 30, 2023 | $0.3750 | regular |
| Aug 14, 2023 | Sep 30, 2023 | $0.3750 | regular |
| May 12, 2023 | Jun 30, 2023 | $0.3750 | regular |
Income Calculator
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