Eagle Bancorp Montana Inc (NASDAQ:EBMT) announced a quarterly dividend on Thursday, July 18th, NASDAQ reports. Stockholders of record on Friday, August 16th will be paid a dividend of 0.095 per share by the bank on Friday, September 6th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, August 15th. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.09.

Eagle Bancorp Montana has increased its dividend by an average of 6.2% per year over the last three years and has increased its dividend every year for the last 3 years. Eagle Bancorp Montana has a dividend payout ratio of 35.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Eagle Bancorp Montana to earn $1.82 per share next year, which means the company should continue to be able to cover its $0.38 annual dividend with an expected future payout ratio of 20.9%.

Shares of NASDAQ EBMT traded down $0.04 during trading on Tuesday, reaching $17.01. The stock had a trading volume of 6 shares, compared to its average volume of 8,239. Eagle Bancorp Montana has a fifty-two week low of $14.20 and a fifty-two week high of $19.30. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.00 and a current ratio of 1.03. The stock has a 50-day moving average price of $16.74. The stock has a market capitalization of $110.14 million, a P/E ratio of 16.02, a P/E/G ratio of 0.96 and a beta of 0.46.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its quarterly earnings data on Tuesday, July 23rd. The bank reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.12. Eagle Bancorp Montana had a return on equity of 8.68% and a net margin of 13.02%. The business had revenue of $15.20 million during the quarter, compared to analysts’ expectations of $13.45 million. Research analysts expect that Eagle Bancorp Montana will post 1.79 earnings per share for the current fiscal year.

EBMT has been the subject of several analyst reports. ValuEngine cut Eagle Bancorp Montana from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Zacks Investment Research raised Eagle Bancorp Montana from a “hold” rating to a “strong-buy” rating and set a $19.00 target price for the company in a research note on Friday, July 26th.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services in Montana. The company accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.

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Dividend History for Eagle Bancorp Montana (NASDAQ:EBMT)

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