Eagle Bancorp Montana, Inc. (EBMT) to Issue Quarterly Dividend of $0.15 on September 4th

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.1475 per share by the bank on Friday, September 4th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, August 14th. This is a 1.7% increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.14.

Eagle Bancorp Montana has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 14 years. Eagle Bancorp Montana has a dividend payout ratio of 32.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Eagle Bancorp Montana to earn $2.16 per share next year, which means the company should continue to be able to cover its $0.59 annual dividend with an expected future payout ratio of 27.3%.

Eagle Bancorp Montana Stock Performance

Shares of EBMT stock opened at $23.49 on Wednesday. Eagle Bancorp Montana has a fifty-two week low of $15.80 and a fifty-two week high of $24.66. The stock’s 50-day moving average is $23.42 and its two-hundred day moving average is $22.39. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.87 and a quick ratio of 0.86. The firm has a market cap of $187.22 million, a P/E ratio of 11.51 and a beta of 0.35.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings results on Tuesday, July 28th. The bank reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.03). The firm had revenue of $24.16 million for the quarter, compared to analyst estimates of $23.55 million. Eagle Bancorp Montana had a net margin of 12.57% and a return on equity of 8.36%. Analysts predict that Eagle Bancorp Montana will post 2.03 earnings per share for the current fiscal year.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc is a bank holding company headquartered in Helena, Montana, that operates through its wholly owned subsidiary, Eagle Bank & Trust. The company offers a range of community banking services to individuals, small businesses and governmental entities. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing and treasury management.

Through Eagle Bank & Trust, the company provides checking and savings accounts, certificates of deposit, online and mobile banking platforms, ATM access and cash management solutions designed to meet the needs of local customers.