Great Southern Bancorp, Inc. (GSBC) to Issue Quarterly Dividend of $0.40 on July 16th

Great Southern Bancorp, Inc. (NASDAQ:GSBC) announced a quarterly dividend on Thursday, June 20th, Zacks reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.40 per share by the financial services provider on Tuesday, July 16th. This represents a $1.60 annualized dividend and a dividend yield of 2.88%. The ex-dividend date is Monday, July 1st.

Great Southern Bancorp has raised its dividend payment by an average of 5.6% annually over the last three years. Great Southern Bancorp has a payout ratio of 32.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Great Southern Bancorp to earn $4.95 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 32.3%.

Great Southern Bancorp Price Performance

GSBC stock opened at $55.61 on Friday. Great Southern Bancorp has a 52-week low of $45.66 and a 52-week high of $61.94. The stock’s fifty day simple moving average is $52.60 and its 200-day simple moving average is $53.54. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $648.41 million, a price-to-earnings ratio of 10.93 and a beta of 0.65.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, April 17th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.09. Great Southern Bancorp had a return on equity of 10.97% and a net margin of 18.31%. The business had revenue of $51.62 million for the quarter, compared to analysts’ expectations of $52.26 million. Equities research analysts expect that Great Southern Bancorp will post 4.79 EPS for the current year.

Insider Transactions at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 625 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $53.60, for a total transaction of $33,500.00. Following the sale, the vice president now owns 13 shares in the company, valued at $696.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 27.60% of the company’s stock.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.