Landmark Bancorp, Inc. (NASDAQ:LARK) Declares Quarterly Dividend of $0.21

Landmark Bancorp, Inc. (NASDAQ:LARK) declared a quarterly dividend on Wednesday, October 30th, Zacks reports. Stockholders of record on Wednesday, November 13th will be paid a dividend of 0.21 per share by the financial services provider on Wednesday, November 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend is Wednesday, November 13th.

Landmark Bancorp has raised its dividend by an average of 6.7% annually over the last three years and has increased its dividend every year for the last 5 years.

Landmark Bancorp Price Performance

NASDAQ LARK traded up $0.18 on Friday, hitting $21.20. The stock had a trading volume of 101 shares, compared to its average volume of 2,932. The company has a market capitalization of $116.60 million, a price-to-earnings ratio of 9.30 and a beta of 0.44. Landmark Bancorp has a 52-week low of $15.98 and a 52-week high of $21.78. The firm has a 50-day moving average of $20.31 and a 200-day moving average of $19.76. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings data on Monday, August 5th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. The company had revenue of $14.69 million during the quarter. Landmark Bancorp had a net margin of 14.36% and a return on equity of 9.71%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Landmark Bancorp in a research report on Tuesday. 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.