Landmark Bancorp, Inc. (NASDAQ:LARK) Raises 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 paid 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 dividend yield of 3.37%. 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 increased its dividend by an average of 6.7% annually over the last three years.

Landmark Bancorp Trading Up 3.2 %

Shares of Landmark Bancorp stock opened at $24.95 on Friday. The stock has a market cap of $144.21 million, a P/E ratio of 11.59 and a beta of 0.46. The stock’s 50 day simple moving average is $24.06 and its 200-day simple moving average is $21.86. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $25.25. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79.

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 return on equity of 9.48% and a net margin of 14.36%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Landmark Bancorp in a research note on Sunday, February 2nd. They issued a “hold” rating on the stock.

About Landmark Bancorp

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.