First Internet Bancorp - Fixed-
INBKZStock · quarterly payer
Forward Yield
8.07%
Annual Dividend
$2.04
Payout Ratio
—
5-Yr Growth
7.5%
Ex-Date
—
Frequency
Quarterly
Summary
As of August 2026, First Internet Bancorp - Fixed- (INBKZ) yields 8.07% ($2.04 per share annually), with a blended fair-value estimate of $45.72 — +81% upside, so it screens as undervalued. Dividend safety grade: C (50/100). 2 years of dividend growth.
Is INBKZ a good dividend stock?
MixedFirst Internet Bancorp - Fixed- (INBKZ) pays a quarterly dividend yielding 8.07% ($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
- 8.07%
- 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
- -6%
- 52-Week Range
- —
- Dividend Safety
- C · 50/100
- Ever Cut?
- No
Frequently Asked Questions
INBKZ Price — Last 12 Months
Daily close
Price Return
1 Year
+2%
3 Years
+18%
5 Years
-6%
52-Week Range
—
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 $45.72 per share, versus a market price of $25.28. That implies 81% of upside — a margin of safety of about 45%.
Fair Value
$45.72
Current Price
$25.28
Upside
+81%
Margin of Safety
45%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.5070 | regular |
| May 15, 2026 | — | $0.5050 | regular |
| Feb 13, 2026 | — | $0.5040 | regular |
| Nov 14, 2025 | — | $0.5240 | regular |
| Aug 15, 2025 | — | $0.5420 | regular |
| May 15, 2025 | — | $0.5420 | regular |
| Feb 14, 2025 | — | $0.5440 | regular |
| Nov 15, 2024 | — | $0.5680 | regular |
| Aug 15, 2024 | — | $0.6070 | regular |
| May 14, 2024 | — | $0.3750 | regular |
| Feb 14, 2024 | — | $0.3750 | regular |
| Nov 14, 2023 | — | $0.3750 | regular |
| Aug 14, 2023 | — | $0.3750 | regular |
| May 12, 2023 | — | $0.3750 | regular |
Income Calculator
At $2.04 / yr per share
