Landmark Bancorp Inc. (NASDAQ:LARK) to Issue Quarterly Dividend of $0.21

Landmark Bancorp Inc. (NASDAQ:LARK) announced a quarterly dividend on Wednesday, July 29th. Investors of record on Thursday, August 13th will be given a dividend of 0.21 per share by the financial services provider on Thursday, August 27th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, August 13th.

Landmark Bancorp has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 6 years.

Landmark Bancorp Price Performance

Landmark Bancorp stock opened at $31.93 on Thursday. The company has a market cap of $194.77 million, a price-to-earnings ratio of 10.22 and a beta of 0.39. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a 50 day moving average price of $29.86 and a 200 day moving average price of $27.83. Landmark Bancorp has a 1 year low of $22.56 and a 1 year high of $32.39.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.05. The company had revenue of $19.18 million during the quarter, compared to analyst estimates of $19.36 million. Landmark Bancorp had a net margin of 19.67% and a return on equity of 12.22%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on LARK. Weiss Ratings upgraded Landmark Bancorp from a “hold (c)” rating to a “buy (b)” rating in a report on Wednesday, July 8th. Wall Street Zen upgraded Landmark Bancorp from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community‐focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.

In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.