Landmark Bancorp, Inc. (NASDAQ:LARK) Declares Dividend Increase – $0.21 Per Share

Landmark Bancorp, Inc. (NASDAQ:LARK) announced a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Shareholders of record on Wednesday, February 19th will be paid a dividend of 0.21 per share by the financial services provider on Wednesday, March 5th. This represents a $0.84 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date is Wednesday, February 19th. This is a boost from Landmark Bancorp’s previous quarterly dividend of $0.20.

Landmark Bancorp has increased its dividend by an average of 6.7% per year over the last three years.

Landmark Bancorp Trading Up 1.9 %

Shares of LARK stock opened at $24.18 on Thursday. Landmark Bancorp has a 52-week low of $17.05 and a 52-week high of $25.25. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80. The company has a 50-day simple moving average of $24.05 and a two-hundred day simple moving average of $21.84. The company has a market capitalization of $139.76 million, a price-to-earnings ratio of 11.23 and a beta of 0.46.

Landmark Bancorp (NASDAQ:LARK) last issued its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 14.36% and a return on equity of 9.48%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Landmark Bancorp in a research report on Sunday. They issued a “hold” rating for the company.

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.