Great Southern Bancorp, Inc. Plans Quarterly Dividend of $0.43 (NASDAQ:GSBC)

Great Southern Bancorp, Inc. (NASDAQ:GSBC) declared a quarterly dividend on Wednesday, September 16th. Investors of record on Monday, September 28th will be given a dividend of 0.43 per share by the financial services provider on Wednesday, October 14th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, September 28th.

Great Southern Bancorp has decreased its dividend by an average of 0.1%annually over the last three years. Great Southern Bancorp has a payout ratio of 32.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Great Southern Bancorp to earn $5.60 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 30.7%.

Great Southern Bancorp Price Performance

Shares of NASDAQ:GSBC opened at $79.15 on Thursday. The business has a 50 day moving average price of $79.48 and a 200 day moving average price of $72.60. Great Southern Bancorp has a twelve month low of $53.76 and a twelve month high of $82.91. The company has a market cap of $862.74 million, a price-to-earnings ratio of 13.15 and a beta of 0.48. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Thursday, July 16th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.19. The firm had revenue of $56.87 million for the quarter, compared to analyst estimates of $55.26 million. Great Southern Bancorp had a return on equity of 10.83% and a net margin of 20.72%. Research analysts predict that Great Southern Bancorp will post 5.99 earnings per share for the current year.

Analysts Set New Price Targets

GSBC has been the subject of several research reports. Zacks Research cut Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Weiss Ratings lowered shares of Great Southern Bancorp from a “buy (b+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Finally, Keefe, Bruyette & Woods upped their target price on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $74.00.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc is the bank holding company for Great Southern Bank, a full-service financial institution headquartered in Springfield, Missouri. Great Southern Bank traces its history to 1923 and operates as a community-oriented bank serving individuals, families, businesses and commercial customers.

The bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts, along with residential mortgage, commercial real estate, construction, business and consumer lending.