HUNTINGTON —Northeast Indiana Bancorp, Inc. held its twenty-first annual shareholders’ meeting Tuesday, April 26. The shareholders selected Stephen E. Zahn and Randy J. Sizemore as directors of the company for terms to expire in 2019.

NIDB also announced that the corporation will pay a cash dividend of $0.21 per common share. The dividend will be payable on May 24, to shareholders of record on May 10.

The book value of NIDB’s stock was $27.78 per common share as of March 31. The last reported trade of stock at the close of business on April 26 was $29.50 per common share and the number of outstanding shares was 1,199,879 as of the same date. The annualized dividend yield is currently 2.8% when annualizing the current quarter cash dividend of $0.21 per common share against the April 26 closing price of $29.50 per common share.