Great Southern Bancorp, Inc. (NASDAQ:GSBC) Declares $0.43 Quarterly Dividend

Great Southern Bancorp, Inc. (NASDAQ:GSBCGet Free Report) announced a quarterly dividend on Wednesday, June 17th. Shareholders of record on Monday, June 29th will be paid a dividend of 0.43 per share by the financial services provider on Tuesday, July 14th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Monday, June 29th.

Great Southern Bancorp has decreased its dividend by an average of 0.1%annually over the last three years. Great Southern Bancorp has a payout ratio of 32.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Great Southern Bancorp to earn $5.76 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 29.9%.

Great Southern Bancorp Trading Down 1.5%

Shares of GSBC stock opened at $73.63 on Thursday. Great Southern Bancorp has a 12 month low of $53.76 and a 12 month high of $76.92. The company has a market cap of $801.83 million, a PE ratio of 11.67 and a beta of 0.50. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average is $69.93 and its two-hundred day moving average is $65.30.

Great Southern Bancorp (NASDAQ:GSBCGet Free Report) last issued its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.31. The business had revenue of $55.36 million during the quarter, compared to analysts’ expectations of $54.75 million. Great Southern Bancorp had a net margin of 21.33% and a return on equity of 11.29%. Equities analysts predict that Great Southern Bancorp will post 5.84 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wall Street Zen downgraded shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Zacks Research downgraded Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Weiss Ratings upgraded Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, June 9th. Finally, Keefe, Bruyette & Woods boosted their price objective on Great Southern Bancorp from $63.00 to $65.00 and gave the stock a “market perform” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Great Southern Bancorp presently has an average rating of “Hold” and an average target price of $65.00.

View Our Latest Research Report on GSBC

Great Southern Bancorp Company Profile

(Get Free Report)

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.

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Dividend History for Great Southern Bancorp (NASDAQ:GSBC)

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