QCR Holdings, Inc. (NASDAQ:QCRH) Declares Quarterly Dividend of $0.10

QCR Holdings, Inc. (NASDAQ:QCRH) announced a quarterly dividend on Thursday, February 19th. Stockholders of record on Thursday, March 19th will be paid a dividend of 0.10 per share by the bank on Friday, April 3rd. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, March 19th. This is a 66.7% increase from QCR’s previous quarterly dividend of $0.06.

QCR has a dividend payout ratio of 3.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect QCR to earn $7.49 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 3.2%.

QCR Trading Up 0.6%

Shares of NASDAQ QCRH traded up $0.58 during mid-day trading on Friday, reaching $92.39. The company had a trading volume of 40,346 shares, compared to its average volume of 82,344. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 12.30 and a beta of 0.82. QCR has a 52 week low of $60.83 and a 52 week high of $96.00. The business’s 50-day moving average is $87.71 and its 200-day moving average is $80.63. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.65.

QCR (NASDAQ:QCRH) last issued its earnings results on Tuesday, January 27th. The bank reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.25. The company had revenue of $107.02 million for the quarter, compared to analysts’ expectations of $106.87 million. QCR had a net margin of 21.07% and a return on equity of 12.30%. Equities analysts expect that QCR will post 6.82 earnings per share for the current year.

QCR Company Profile

QCR Holdings, Inc, headquartered in Moline, Illinois, is a bank holding company that delivers community banking services through its wholly owned subsidiary, QCR Bank. The company focuses on serving individuals, small to medium-sized businesses and municipal clients in select Midwestern markets.

QCR Bank offers a broad array of deposit and lending products, including personal and business checking and savings accounts, commercial real estate loans, equipment financing, mortgage lending and treasury management solutions.