Landmark Bancorp Inc. (LARK) To Go Ex-Dividend on August 13th

Landmark Bancorp Inc. (NASDAQ:LARK) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Thursday, August 13th will be given a dividend of 0.21 per share by the financial services provider on Thursday, August 27th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, August 13th.

Landmark Bancorp has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 6 consecutive years.

Landmark Bancorp Stock Performance

Shares of NASDAQ LARK opened at $31.87 on Friday. The company has a market cap of $194.41 million, a P/E ratio of 9.69 and a beta of 0.39. Landmark Bancorp has a 52-week low of $22.56 and a 52-week high of $32.39. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.85 and a current ratio of 0.85. The firm’s fifty day moving average is $29.94 and its two-hundred day moving average is $27.87.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.83 by $0.05. The business had revenue of $19.18 million during the quarter, compared to the consensus estimate of $11.32 million. Landmark Bancorp had a net margin of 20.56% and a return on equity of 12.63%.

Insiders Place Their Bets

In other Landmark Bancorp news, Director Jim Lewis sold 900 shares of Landmark Bancorp stock in a transaction on Friday, June 12th. The shares were sold at an average price of $29.48, for a total value of $26,532.00. Following the completion of the transaction, the director directly owned 153,196 shares of the company’s stock, valued at $4,516,218.08. This trade represents a 0.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Patrick L. Alexander sold 3,300 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $28.51, for a total transaction of $94,083.00. Following the completion of the sale, the director owned 700 shares in the company, valued at approximately $19,957. This trade represents a 82.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 7,672 shares of company stock worth $219,563. 12.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Empowered Funds LLC grew its position in Landmark Bancorp by 9.6% in the first quarter. Empowered Funds LLC now owns 23,425 shares of the financial services provider’s stock worth $581,000 after acquiring an additional 2,053 shares in the last quarter. First Manhattan CO. LLC. raised its position in Landmark Bancorp by 5.0% during the fourth quarter. First Manhattan CO. LLC. now owns 20,475 shares of the financial services provider’s stock valued at $536,000 after purchasing an additional 975 shares during the period. Bridgeway Capital Management LLC lifted its stake in shares of Landmark Bancorp by 9.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 48,575 shares of the financial services provider’s stock valued at $1,272,000 after purchasing an additional 4,188 shares during the last quarter. Barclays PLC lifted its stake in shares of Landmark Bancorp by 43.0% in the 4th quarter. Barclays PLC now owns 9,196 shares of the financial services provider’s stock valued at $241,000 after purchasing an additional 2,766 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Landmark Bancorp by 12.4% in the 4th quarter. The Manufacturers Life Insurance Company now owns 305,333 shares of the financial services provider’s stock worth $7,997,000 after purchasing an additional 33,610 shares during the period. Institutional investors own 25.66% of the company’s stock.

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.