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

Landmark Bancorp Inc. (NASDAQ:LARK – Get Free Report) announced a quarterly dividend on Monday, October 26th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.21 per share by the financial services provider on Friday, November 27th. This represents a $0.84 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, November 12th.

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

Landmark Bancorp Stock Performance

Shares of LARK opened at $32.30 on Tuesday. The firm has a 50-day moving average of $31.87 and a 200-day moving average of $29.37. Landmark Bancorp has a one year low of $23.57 and a one year high of $34.60. The company has a market cap of $197.03 million, a PE ratio of 9.58 and a beta of 0.39. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.87 and a quick ratio of 0.86.

Landmark Bancorp’s stock is scheduled to split on the morning of Wednesday, December 2nd. The 1.05-1 split was recently announced. The newly created shares will be issued to shareholders after the closing bell on Tuesday, December 1st.

Landmark Bancorp (NASDAQ:LARK – Get Free Report) last issued its earnings results on Wednesday, October 28th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.89. Landmark Bancorp had a net margin of 21.19% and a return on equity of 12.68%. The company had revenue of $19.24 million for the quarter, compared to analysts’ expectations of $19.10 million. As a group, equities analysts forecast that Landmark Bancorp will post 3.46 earnings per share for the current year.

Insider Buying and Selling at Landmark Bancorp

In other news, Director Patrick Alexander sold 3,018 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $32.50, for a total value of $98,085.00. Following the completion of the sale, the director owned 67,443 shares of the company’s stock, valued at approximately $2,191,897.50. The trade was a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 5,755 shares of company stock worth $187,000 over the last three months. 9.80% of the stock is currently owned by company insiders.

Institutional Trading of Landmark Bancorp

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Landmark Bancorp in the second quarter valued at approximately $10,720,000. The Manufacturers Life Insurance Company bought a new position in Landmark Bancorp during the 2nd quarter worth $9,178,000. Empowered Funds LLC bought a new position in Landmark Bancorp during the 2nd quarter worth $772,000. De Lisle Partners LLP acquired a new position in Landmark Bancorp in the 2nd quarter valued at $1,724,000. Finally, OneDigital Investment Advisors LLC acquired a new position in Landmark Bancorp in the 2nd quarter valued at $675,000. Institutional investors own 25.66% of the company’s stock.

Landmark Bancorp Company Profile

(Get Free Report)

Landmark Bancorp, Inc is a bank holding company headquartered in Manhattan, Kansas. Through its principal subsidiary, Landmark National Bank, the company provides community banking services to individuals, families, farmers, and businesses.

Landmark National Bank offers a range of financial products, including checking and savings accounts, certificates of deposit, consumer loans, residential and commercial real estate loans, agricultural lending, and business financing. The bank also provides online and mobile banking, treasury management, wealth management, and other services designed to support personal and commercial financial needs.

The company serves communities primarily across Kansas through a network of banking locations and electronic delivery channels.

See Also

Dividend History for Landmark Bancorp (NASDAQ:LARK)

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