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

Landmark Bancorp Inc. (NASDAQ:LARK) announced a quarterly dividend on Wednesday, January 28th. Stockholders of record on Thursday, February 12th will be paid a dividend of 0.21 per share by the financial services provider on Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Thursday, February 12th. This is a 5.0% increase from Landmark Bancorp’s previous quarterly dividend of $0.20.

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 Trading Up 0.1%

NASDAQ LARK traded up $0.02 during trading hours on Thursday, hitting $26.42. The company’s stock had a trading volume of 2,315 shares, compared to its average volume of 4,988. The stock has a fifty day moving average of $27.12 and a 200 day moving average of $25.73. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.72. Landmark Bancorp has a twelve month low of $21.31 and a twelve month high of $29.56. The firm has a market capitalization of $160.37 million, a P/E ratio of 9.31 and a beta of 0.29.

Landmark Bancorp (NASDAQ:LARK) last issued its earnings results on Wednesday, January 28th. The financial services provider reported $0.77 EPS for the quarter. The company had revenue of $18.69 million during the quarter. Landmark Bancorp had a net margin of 18.32% and a return on equity of 12.44%.

About Landmark Bancorp

Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community?focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.

In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.