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

Great Southern Bancorp, Inc. (NASDAQ:GSBC) declared a quarterly dividend on Wednesday, March 18th. Shareholders of record on Monday, March 30th will be paid a dividend of 0.43 per share by the financial services provider on Tuesday, April 14th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, March 30th.

Great Southern Bancorp has decreased its dividend payment by an average of 0.1%annually over the last three years. Great Southern Bancorp has a dividend payout ratio of 32.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Great Southern Bancorp to earn $5.33 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 32.3%.

Great Southern Bancorp Stock Down 0.6%

NASDAQ GSBC opened at $60.53 on Thursday. The stock has a market capitalization of $663.41 million, a P/E ratio of 9.76 and a beta of 0.51. Great Southern Bancorp has a 52 week low of $47.57 and a 52 week high of $67.70. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a fifty day moving average of $62.71 and a 200-day moving average of $61.51.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.07. The business had revenue of $56.35 million for the quarter, compared to analyst estimates of $55.03 million. Great Southern Bancorp had a return on equity of 11.33% and a net margin of 20.70%. On average, equities research analysts forecast that Great Southern Bancorp will post 5.24 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on GSBC shares. Zacks Research raised Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Keefe, Bruyette & Woods raised their target price on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Great Southern Bancorp in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Great Southern Bancorp presently has an average rating of “Hold” and a consensus target price of $60.50.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.