Landmark Bancorp, Inc. (NASDAQ:LARK) Plans $0.21 Quarterly Dividend

Landmark Bancorp, Inc. (NASDAQ:LARK - Get Free Report) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Wednesday, November 13th will be given a dividend of 0.21 per share by the financial services provider on Wednesday, November 27th. This represents a $0.84 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date is Wednesday, November 13th.

Landmark Bancorp has raised its dividend by an average of 6.7% annually over the last three years and has increased its dividend every year for the last 5 years.

Landmark Bancorp Stock Up 0.3 %

Shares of LARK stock traded up $0.07 during mid-day trading on Friday, hitting $21.09. 283 shares of the stock traded hands, compared to its average volume of 2,933. The stock has a market cap of $116.00 million, a P/E ratio of 9.33 and a beta of 0.44. The stock's fifty day moving average is $20.35 and its two-hundred day moving average is $19.77. Landmark Bancorp has a 52-week low of $15.98 and a 52-week high of $21.78. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.80 and a quick ratio of 0.80.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The financial services provider reported $0.55 EPS for the quarter. The business had revenue of $14.69 million during the quarter. Landmark Bancorp had a net margin of 14.36% and a return on equity of 9.71%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a report on Tuesday. They set a "hold" rating on the stock.

Landmark Bancorp Company Profile

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.