Great Southern Bancorp, Inc. Declares Quarterly Dividend of $0.40 (NASDAQ:GSBC)

Great Southern Bancorp, Inc. (NASDAQ:GSBC) declared a quarterly dividend on Thursday, June 20th, Zacks reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.40 per share by the financial services provider on Tuesday, July 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date of this dividend 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 dividend 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 Stock Up 3.7 %

Shares of NASDAQ:GSBC opened at $55.61 on Friday. The company has a market cap of $648.41 million, a price-to-earnings ratio of 10.93 and a beta of 0.65. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average price of $52.60 and a 200 day moving average price of $53.54. Great Southern Bancorp has a 12 month low of $45.66 and a 12 month high of $61.94.

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

Insider Activity

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

About Great Southern Bancorp

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.