Landmark Bancorp, Inc. Announces Quarterly Dividend of $0.21 (NASDAQ:LARK)

Landmark Bancorp, Inc. (NASDAQ:LARK) declared a quarterly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Wednesday, May 15th will be paid a dividend of 0.21 per share by the financial services provider on Wednesday, May 29th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date is Tuesday, May 14th.

Landmark Bancorp has raised its dividend payment by an average of 6.7% annually over the last three years and has increased its dividend every year for the last 5 years.

Landmark Bancorp Trading Up 0.7 %

Shares of Landmark Bancorp stock traded up $0.12 on Friday, reaching $18.62. 2,030 shares of the company’s stock were exchanged, compared to its average volume of 3,457. Landmark Bancorp has a 52 week low of $15.70 and a 52 week high of $21.78. The firm’s 50-day moving average is $19.34 and its two-hundred day moving average is $19.32. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.74 and a current ratio of 0.74. The company has a market capitalization of $101.93 million, a P/E ratio of 8.33 and a beta of 0.44.

Landmark Bancorp (NASDAQ:LARK) last issued its earnings results on Wednesday, May 1st. The financial services provider reported $0.51 earnings per share for the quarter. Landmark Bancorp had a return on equity of 9.88% and a net margin of 14.39%. The company had revenue of $21.15 million during the quarter.

Wall Street Analyst Weigh In

Several research firms have recently commented on LARK. TheStreet raised shares of Landmark Bancorp from a “c” rating to a “b” rating in a report on Wednesday, January 31st. StockNews.com began coverage on shares of Landmark Bancorp in a research note on Sunday, April 28th. They issued a “hold” rating for the company.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.