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Peggy Wheeler, the Chief Operations Officer of Isabella Bank Corp (OTC:ISBA), a $178 million market cap financial institution, recently purchased shares in the company. On March 4, 2025, Wheeler acquired 21.395 shares of Isabella Bank at a price of $23.37 per share, totaling approximately $500. The purchase price represents an attractive entry point, with the stock currently trading at a P/E ratio of 13.7x and offering a 4.7% dividend yield. According to InvestingPro, the company has maintained dividend payments for 18 consecutive years. This transaction increased her total holdings to 8,812.2381 shares. The purchase reflects Wheeler’s ongoing commitment to the company as she continues to hold her shares directly. The timing appears strategic, as the stock has shown strong momentum with a 26.4% gain over the past six months. For more detailed insights and additional ProTips about Isabella Bank, visit InvestingPro.
In other recent news, Isabella Bank Corporation announced a first-quarter dividend of $0.28 per share. This dividend will be payable on March 31, 2025, to shareholders of record as of March 27, 2025. The dividend yield is calculated at 4.55% based on the recent closing stock price. The company operates in several counties in Mid-Michigan and offers various banking services. Investors are advised to consider the forward-looking statements in the company’s press release, which highlight potential risks and uncertainties. These statements are based on current assumptions and may differ from actual results. Isabella Bank’s stock is traded on the OTCQX tier of the OTC Markets Group.
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