November 2, 2009 (FinancialWire) — Northeast Indiana Bancorp, Inc., (OTCBB: NIDB) (Current Market Cap: $14.11 Mil.) said it will pay a cash dividend of $0.17 per common share. This represents a 3.0% increase over the company’s previous quarter dividend of $0.165 per common share.

The dividend will be payable on November 24 to shareholders of record on November 10.

Huntington, Indiana-based Northeast Indiana Bancorp offers banking and financial brokerage services to its customers through its main office in Huntington and four Indiana offices.

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