QCR Holdings, Inc. (NASDAQ:QCRH - Get Free Report) declared a quarterly dividend on Friday, February 21st, RTT News reports. Shareholders of record on Wednesday, March 19th will be given a dividend of 0.06 per share by the bank on Thursday, April 3rd. This represents a $0.24 annualized dividend and a yield of 0.32%. The ex-dividend date of this dividend is Wednesday, March 19th.
QCR has a payout ratio of 3.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect QCR to earn $7.49 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 3.2%.
QCR Stock Down 0.5 %
Shares of NASDAQ:QCRH traded down $0.38 during midday trading on Tuesday, hitting $75.72. 81,836 shares of the stock were exchanged, compared to its average volume of 81,382. QCR has a 52-week low of $54.37 and a 52-week high of $96.08. The business's fifty day simple moving average is $79.25 and its two-hundred day simple moving average is $79.93. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.99 and a current ratio of 1.02. The company has a market capitalization of $1.28 billion, a PE ratio of 11.28 and a beta of 0.97.
QCR (NASDAQ:QCRH - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The bank reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.19. QCR had a net margin of 19.06% and a return on equity of 12.68%. As a group, research analysts predict that QCR will post 6.82 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other QCR news, EVP Nicole A. Lee purchased 1,094 shares of the stock in a transaction dated Wednesday, January 29th. The shares were bought at an average cost of $78.47 per share, with a total value of $85,846.18. Following the completion of the transaction, the executive vice president now owns 1,881 shares in the company, valued at $147,602.07. This trade represents a 139.01 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.70% of the company's stock.
About QCR
(
Get Free Report)
QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company's deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. It also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies.
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