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

Posted by Scott Moore on Feb 5th, 2025

Landmark Bancorp, Inc. (NASDAQ:LARK – Get Free Report) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Investors of record on Wednesday, February 19th will be given a dividend of 0.21 per share by the financial services provider on Wednesday, March 5th. This represents a $0.84 annualized dividend and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, February 19th. This is a positive change from Landmark Bancorp’s previous quarterly dividend of $0.20.

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

Landmark Bancorp Stock Up 2.6 %

LARK stock traded up $0.62 during mid-day trading on Wednesday, hitting $24.36. 3,484 shares of the company were exchanged, compared to its average volume of 4,251. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $25.25. The firm has a market cap of $140.77 million, a P/E ratio of 11.32 and a beta of 0.46. The firm’s 50 day simple moving average is $24.05 and its 200 day simple moving average is $21.82.

Landmark Bancorp (NASDAQ:LARK – Get Free Report) last posted 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%.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Report on LARK

Landmark Bancorp Company Profile

(Get Free Report)

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.