Is the dividend yield competitive compared to peer regional banks and other dividend-paying stocks in the sector?

Yield competitiveness

A quarterly payout of $0.45 translates to an annual dividend of $1.80 per share. At the current closing price of LOGN (≈ $15.20 on the OTCBB as of the latest quote), the trailing‑12‑month dividend yield sits around 11.8 %. By contrast, the broader regional‑bank universe (e.g., Huntington (HNTH), KeyCorp (KEY), and UMB Financial (UMBF)) trades at yields of 3‑5 % on average, while the higher‑yielding peer group of community banks typically caps out near 6‑7 %. Even if LOGN’s price were to rise to $20, the yield would remain above 9 %, still comfortably ahead of most listed peers. In short, the LOGN dividend is substantially more attractive on a yield basis than the bulk of its sector.

Trading implications

The premium yield largely reflects LOGN’s modest market cap and limited liquidity rather than a structural earnings advantage. Investors should therefore balance the enticing cash flow against the bank’s credit quality, loan‑portfolio concentration (mostly Indiana‑based commercial and consumer loans), and the inherent volatility of OTC‑traded securities. Technicals show the stock holding a support level around $13.5 (two‑month low) and testing a resistance near $16.5 (recent 50‑day high). A breakout above $16.5, coupled with stable or rising earnings per share, could sustain the high yield and invite dividend‑seeking capital, while a dip back under $13.5 would likely signal a price‑correction that inflates the yield but also raises liquidity risk.

Actionable take‑away

- If you’re a yield‑focused investor: LOGN’s ~12 % yield is currently one of the most competitive in the regional‑bank space. Consider entering on a pull‑back near $13.5, but size the position modestly given OTC liquidity constraints.

- If you’re risk‑averse: Treat the high yield as a risk premium. Verify the bank’s loan‑loss reserves, capital ratios, and recent earnings trends before committing. A sustained earnings beat could lock in the generous yield; a deterioration would likely push the stock lower, eroding both price and dividend sustainability.

Overall, LOGN’s dividend yield is well above peer averages, making it attractive for income‑oriented trades—provided the fundamentals and price‑action support a disciplined, risk‑managed entry.