First Bancorp of Indiana, Inc. Announces Quarterly Cash Dividend

EVANSVILLE, IN--(Marketwire - May 20, 2011) - The Board of Directors of First Bancorp of Indiana, Inc. (OTCBB: FBPI) has declared a quarterly cash dividend of $0.155 per share, payable to stockholders of record as of May 31, 2011. The dividend will be paid on or about June 14, 2011. The annual dividend rate on this quarterly declaration is unchanged from the preceding quarter and results in an annualized dividend yield of 5.9% based on the $10.50 share price for the last reported trade as of May 19, 2011.