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

Landmark Bancorp, Inc. (NASDAQ:LARK) declared a quarterly dividend on Wednesday, May 1st, Zacks reports. Stockholders 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 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend is Tuesday, May 14th.

Landmark Bancorp has increased its dividend 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 during trading hours on Friday, hitting $18.62. The company’s stock had a trading volume of 2,030 shares, compared to its average volume of 3,457. Landmark Bancorp has a twelve month low of $15.70 and a twelve month high of $21.78. The firm has a fifty day moving average of $19.34 and a 200-day moving average of $19.32. The stock has a market cap of $101.93 million, a price-to-earnings ratio of 8.39 and a beta of 0.44. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.74 and a current ratio of 0.74.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. TheStreet raised Landmark Bancorp from a “c” rating to a “b” rating in a research note on Wednesday, January 31st. StockNews.com assumed coverage on Landmark Bancorp in a research note on Sunday, April 28th. They set a “hold” rating on the stock.

About Landmark Bancorp

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.