QCR Holdings, Inc. (NASDAQ:QCRH) to Issue $0.10 Quarterly Dividend

QCR Holdings, Inc. (NASDAQ:QCRH) announced a quarterly dividend on Tuesday, May 26th. Stockholders of record on Thursday, June 18th will be paid a dividend of 0.10 per share by the bank on Friday, July 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, June 18th.

QCR has a dividend payout ratio of 5.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect QCR to earn $8.68 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 4.6%.

QCR Stock Performance

Shares of QCRH stock opened at $92.49 on Wednesday. The firm has a market capitalization of $1.53 billion, a PE ratio of 11.59 and a beta of 0.77. The company has a 50 day moving average price of $88.40 and a 200-day moving average price of $86.56. QCR has a 52 week low of $63.68 and a 52 week high of $96.00. The company has a quick ratio of 0.89, a current ratio of 0.96 and a debt-to-equity ratio of 0.37.

QCR (NASDAQ:QCRH) last issued its earnings results on Wednesday, April 22nd. The bank reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.21. The company had revenue of $89.52 million for the quarter, compared to analysts’ expectations of $105.42 million. QCR had a net margin of 21.98% and a return on equity of 12.54%. As a group, equities research analysts expect that QCR will post 8.13 earnings per share for the current year.

QCR Company Profile

QCR Holdings, Inc, headquartered in Moline, Illinois, is a bank holding company that delivers community banking services through its wholly owned subsidiary, QCR Bank. The company focuses on serving individuals, small to medium-sized businesses and municipal clients in select Midwestern markets.

QCR Bank offers a broad array of deposit and lending products, including personal and business checking and savings accounts, commercial real estate loans, equipment financing, mortgage lending and treasury management solutions.