German American Bancorp, Inc. (GABC) To Go Ex-Dividend on August 10th

German American Bancorp, Inc. (NASDAQ:GABC) announced a quarterly dividend on Monday, July 27th. Investors of record on Monday, August 10th will be given a dividend of 0.31 per share by the bank on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, August 10th.

German American Bancorp has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 13 years. German American Bancorp has a dividend payout ratio of 34.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect German American Bancorp to earn $4.03 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 30.8%.

German American Bancorp Price Performance

NASDAQ GABC opened at $50.50 on Friday. German American Bancorp has a one year low of $37.19 and a one year high of $52.23. The stock has a 50-day moving average of $47.25 and a 200 day moving average of $44.10. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 13.32 and a beta of 0.58.

German American Bancorp (NASDAQ:GABC) last posted its earnings results on Monday, July 27th. The bank reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.10. The business had revenue of $98.02 million for the quarter, compared to analysts’ expectations of $99.22 million. German American Bancorp had a net margin of 28.25% and a return on equity of 12.30%. On average, sell-side analysts forecast that German American Bancorp will post 3.86 EPS for the current year.

About German American Bancorp

German American Bancorp, Inc operates as a bank holding company headquartered in Jasper, Indiana. Through its principal subsidiary, German American Bank, it delivers a range of community banking services tailored to individuals, small-to-medium enterprises and agricultural clients. The company’s core offerings include traditional deposit accounts—such as checking, savings and certificates of deposit—alongside residential mortgage and home equity lending products.

On the commercial side, German American Bancorp provides a variety of financing solutions, including term loans, lines of credit and commercial real estate financing.