Landmark Bancorp Inc. (LARK) to Issue Quarterly Dividend of $0.21 on August 27th

Landmark Bancorp Inc. (NASDAQ:LARK) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Thursday, August 13th will be given a dividend of 0.21 per share by the financial services provider on Thursday, August 27th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, August 13th.

Landmark Bancorp has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 6 years.

Landmark Bancorp Trading Up 0.4%

Landmark Bancorp stock opened at $32.11 on Tuesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a 50-day simple moving average of $30.48 and a 200 day simple moving average of $28.17. The stock has a market capitalization of $195.87 million, a P/E ratio of 9.76 and a beta of 0.39. Landmark Bancorp has a 52 week low of $23.57 and a 52 week high of $32.39.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Wednesday, July 29th. The financial services provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.05. Landmark Bancorp had a return on equity of 12.63% and a net margin of 20.56%.The firm had revenue of $19.18 million during the quarter, compared to the consensus estimate of $0.06 million. Analysts expect that Landmark Bancorp will post 3.47 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Zacks Research raised Landmark Bancorp to a “hold” rating in a research note on Tuesday, August 4th. Wall Street Zen upgraded Landmark Bancorp from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Weiss Ratings raised shares of Landmark Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community‐focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.

In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.