Landmark Bancorp, Inc. (NASDAQ:LARK – Get Free Report) announced a quarterly dividend on Wednesday, January 31st, Zacks reports. Shareholders of record on Wednesday, February 14th will be given a dividend of 0.21 per share by the financial services provider on Wednesday, February 28th. This represents a $0.84 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend is Tuesday, February 13th.
Landmark Bancorp has raised its dividend by an average of 5.0% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.
Landmark Bancorp Stock Performance
NASDAQ:LARK opened at $20.88 on Monday. The firm’s fifty day simple moving average is $20.04 and its 200 day simple moving average is $19.31. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.95. Landmark Bancorp has a twelve month low of $15.70 and a twelve month high of $22.28. The firm has a market capitalization of $114.42 million, a price-to-earnings ratio of 9.02 and a beta of 0.46.
Insider Activity at Landmark Bancorp
Institutional Trading of Landmark Bancorp
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in Landmark Bancorp by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 135,627 shares of the financial services provider’s stock worth $3,571,000 after acquiring an additional 2,019 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Landmark Bancorp by 19.6% in the first quarter. The Manufacturers Life Insurance Company now owns 216,907 shares of the financial services provider’s stock worth $5,711,000 after purchasing an additional 35,622 shares in the last quarter. UBS Group AG increased its holdings in Landmark Bancorp by 17.1% in the second quarter. UBS Group AG now owns 4,444 shares of the financial services provider’s stock valued at $112,000 after buying an additional 648 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Landmark Bancorp by 5.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 175,933 shares of the financial services provider’s stock valued at $3,981,000 after buying an additional 9,070 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Landmark Bancorp by 8.3% during the 4th quarter. Geode Capital Management LLC now owns 26,555 shares of the financial services provider’s stock worth $600,000 after buying an additional 2,039 shares during the last quarter. Institutional investors own 17.35% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on LARK. StockNews.com assumed coverage on Landmark Bancorp in a research note on Thursday. They set a “hold” rating on the stock. TheStreet raised Landmark Bancorp from a “c” rating to a “b” rating in a research report on Wednesday, January 31st.
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, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.
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