German American Bancorp, Inc. (NASDAQ:GABC) Plans $0.31 Quarterly Dividend

German American Bancorp, Inc. (NASDAQ:GABC) declared a quarterly dividend on Monday, July 27th. Stockholders 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 increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 13 consecutive years. German American Bancorp has a dividend payout ratio of 34.2% meaning its dividend is sufficiently covered by earnings. Analysts expect German American Bancorp to earn $3.94 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 31.5%.

German American Bancorp Stock Performance

NASDAQ GABC opened at $48.83 on Tuesday. The company’s 50 day moving average is $45.87 and its 200-day moving average is $43.43. German American Bancorp has a 12-month low of $36.56 and a 12-month high of $49.39. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.14. The firm has a market cap of $1.83 billion, a P/E ratio of 13.53 and a beta of 0.59.

German American Bancorp (NASDAQ:GABC) last released its quarterly earnings data on Monday, July 27th. The bank reported $1.02 EPS for the quarter, topping the consensus estimate of $0.92 by $0.10. German American Bancorp had a net margin of 27.09% and a return on equity of 11.98%. The company had revenue of $101.34 million during the quarter, compared to the consensus estimate of $99.22 million. Sell-side analysts predict that German American Bancorp will post 3.73 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GABC. German American Bancorp Inc. grew its position in shares of German American Bancorp by 59.6% during the 4th quarter. German American Bancorp Inc. now owns 954,287 shares of the bank’s stock valued at $37,389,000 after purchasing an additional 356,382 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of German American Bancorp in the fourth quarter worth $4,983,000. FJ Capital Management LLC boosted its stake in German American Bancorp by 1,802.7% during the third quarter. FJ Capital Management LLC now owns 112,580 shares of the bank’s stock valued at $4,421,000 after buying an additional 106,663 shares during the period. Goldman Sachs Group Inc. boosted its stake in German American Bancorp by 155.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 173,231 shares of the bank’s stock valued at $6,787,000 after buying an additional 105,474 shares during the period. Finally, Two Sigma Investments LP grew its position in German American Bancorp by 1,660.8% during the third quarter. Two Sigma Investments LP now owns 101,666 shares of the bank’s stock worth $3,992,000 after buying an additional 95,892 shares in the last quarter. 46.90% of the stock is owned by institutional investors.

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.