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

Landmark Bancorp, Inc. (NASDAQ:LARK) announced a quarterly dividend on Monday, August 5th, Zacks reports. Shareholders of record on Wednesday, August 21st will be paid a dividend of 0.21 per share by the financial services provider on Wednesday, September 4th. This represents a $0.84 annualized dividend and a yield of 4.26%. The ex-dividend date is Wednesday, August 21st.

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

Landmark Bancorp Trading Down 1.4 %

Shares of Landmark Bancorp stock traded down $0.28 during trading on Wednesday, hitting $19.72. The stock had a trading volume of 170 shares, compared to its average volume of 3,262. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $107.95 million, a PE ratio of 9.30 and a beta of 0.44. Landmark Bancorp has a 1 year low of $15.70 and a 1 year high of $21.78. The stock has a 50 day simple moving average of $19.61 and a 200 day simple moving average of $19.58.

Insider Buying and Selling at Landmark Bancorp

In related news, Director Angela S. Hurt bought 4,232 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was bought at an average price of $19.25 per share, with a total value of $81,466.00. Following the purchase, the director now directly owns 4,727 shares of the company’s stock, valued at approximately $90,994.75. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 17.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a research note on Friday, August 2nd. They issued a “hold” rating for the company.

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.