Landmark Bancorp, Inc. (NASDAQ:LARK) Increases Dividend to $0.21 Per Share

Landmark Bancorp, Inc. (NASDAQ:LARK) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Investors of record on Wednesday, February 19th will be given a dividend of 0.21 per share by the financial services provider on Wednesday, March 5th. This represents a $0.84 annualized dividend and a yield of 3.47%. The ex-dividend date is Wednesday, February 19th. This is an increase from Landmark Bancorp’s previous quarterly dividend of $0.20.

Landmark Bancorp has raised its dividend payment by an average of 6.7% annually over the last three years.

Landmark Bancorp Stock Up 1.9 %

LARK opened at $24.18 on Thursday. The company has a 50 day moving average of $24.05 and a 200 day moving average of $21.84. The company has a market cap of $139.76 million, a PE ratio of 11.23 and a beta of 0.46. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 EPS for the quarter. Landmark Bancorp had a net margin of 14.36% and a return on equity of 9.48%.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a research note on Sunday. They issued a “hold” rating on the stock.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.